Gone are the days in which a firm handshake or a person’s word would be enough to make a sale official. Maybe that works for smaller, more casual purchases, but when it comes to something like boats, ships, and vessels, you are going to need more than that. That’s when you’ll need a boat bill…
It is important to have submitted all the details of your boat or yacht correctly. This will help the documentation to be processed faster. There are many people who have found themselves waiting for months because of submitting incorrect documents. You will need to fill out a proper Bill of Sale form in order to get…
Just as is the case when you own a car, there are rules and regulations that you have to follow when you own a boat. The rules go beyond what safety steps you must follow on the ship or when you are on the water. Like you need to have a license plate on your…
In addition to posting access to USCG forms, we try to help our readers with different boating tips, too. You know to wear a personal flotation device and to have one (that fits) for everyone on board. You also know to have a boating plan, which you give to someone on land. That way, should…
If you’re a US vessel owner, you know it’s essential to file a Notice of Claim of Lien (NOCL) whenever work is done on your boat. The boat owner is usually responsible for paying for necessary repairs or replacement of any equipment on board in case of an accident or casualty. If the vessel is…
So what is a preferred ship mortgage? It is a type of mortgage that protects you as the lender. Maritime liens other than preferred Maritime Liens do not prioritize First Preferred Ship’s Mortgages, which are lodged against vessels registered with the United States Coast Guard. A First Preferred Ship’s Mortgage is a mortgage recorded against…
The boat bill of sale records the transfer of ownership between two parties trading in watercraft or boating equipment. A legally enforceable document means that if there is a disagreement about the provisions set forth within it, the document will be enforced. In California, if you are a vessel owner, you are probably acquainted with…
Are you tired of waiting for your Coast Guard documentation to get processed? Does it feel like you spend so much time laboriously filling out forms only to have to wait and wait for you to get the documentation you need? We felt the same way. Those are major reasons why we started our online…
You’ve tracked down the vessel you’ve been searching for. It’s been a long journey to find just the right boat for your coastwise passenger transfer business, but you finally did it. You got everything together, only to discover that… the vessel was built outside of the United States. This might seem like the kind of…
You finally did it, you have the boat of your dreams. Owning a yacht is a delightful way to leisurely enjoy the coast and the sea, but not before getting your yacht documentation in order, of course. Let’s go over what you’ll need to do before setting sail. Yacht Documentation There is a misconception regarding…