mortgage lien release

Mortgage Lien Release Form: Steps for Clearing Your Vessel Title

Selling or transferring a documented vessel can involve more paperwork than many owners expect. If there is an active mortgage attached to the vessel, the transaction typically cannot move forward until the lien has been properly addressed. A completed and recorded mortgage lien release can help demonstrate that the financial obligation tied to the vessel…

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maritime mortgage filing

Maritime Mortgage Filing: A Complete Guide for Vessel Owners

It takes more than getting financing for a vessel. It needs legal documentation in an appropriate manner to protect lenders and vessels owners. At this point, you can file a maritime mortgage. It guarantees that the financial stakes in a ship are enshrined in and enforceable by maritime law. A maritime mortgage secures a lender’s…

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