Skip to content
Vessel Tutorial
  • Pages
    • Introduction to Vessel
    • Tutorial of Math
      • Equity Sharing Percentage
      • Interim Home Value
      • Annual Income & Yield
      • Conversion to Equity
      • Owner-Caused Value Changes
      • Financial Model
      • Yield Percentage
    • Other Aspects
      • Legal Structure of Investments
      • Contract Length
      • Method of Securing Investment
      • icon picker
        What if Vessel fails?
      • Reselling Investments
      • Vessel's Fees
      • Benefits
      • Investor requirements
    • Comparison to Alternatives
      • For Homeowners
        • Second Mortgages
        • Selling Property
        • Point, Unison, Noah, etc.
        • Reverse Mortgages
      • For Investors
        • REITs
        • Real Estate Crowfunding
        • Buying Investment Property

What if Vessel fails?

If Vessel, the start-up company (Vessel Capital, Inc., a Delaware C Corporation), goes out of business, nothing should change with the investments already made and accepted. Each investment goes through a distinct investment vehicle, a Delaware Statutory Trust, whose existence is designed to outlast Vessel, should Vessel fail. Each investment vehicle is managed by a subsidiary Vessel Management, LLC, whose ownership can change, or who can be replaced by another manager of the investors' choosing.

 
Want to print your doc?
This is not the way.
Try clicking the ··· in the right corner or using a keyboard shortcut (
CtrlP
) instead.