Rejection Period Starts Before Survey Results?

Dear yachting community,
I am seeking your insights on an issue observed in certain yacht transactions that may complicate matters for buyers. Some purchase agreements are divided into a primary contract, such as the MYBA Memorandum of Agreement, and an addendum outlining critical terms like seaworthiness, delivery obligations, and rejection periods. In one instance, a rejection window of three days was stipulated, calculated from the date of physical inspection rather than the issuance of survey results. This timing can render rejection challenging when defects, such as engine malfunctions or structural issues, are identified only after the survey report is finalized, potentially leaving deposits at risk if not refunded promptly.

The broker and seller involved (available upon private request) say the vessel is fully operational, though the survey findings differ significantly. Have others encountered similar arrangements with split contracts or tight rejection deadlines, particularly in Monaco’s yachting market? How do you address delays in survey reporting under such terms, and what measures can buyers adopt to safeguard their interests? I would appreciate your experiences and recommendations. Thank you for your contributions.