Buying a boat is a big deal for you as the prospective owner, but it also a big deal for the institution that is helping you finance the purchase. When you are buying a boat that is larger than twenty-six feet, a pleasure vessel this large is a significant purchase. It is only natural that…
Are you researching your next vessel purchase? Does it feel like the information you’re finding is almost “too good to be true?” Do you harbor concerns that you won’t know the whole truth about a vessel before you buy it, thus having a great chance that you’ll buy a “lemon?” Those are entirely human worries,…
If you are wondering how the boat documentation law can be violated, this article is right for you. The legislation governing vessels’ documentation is an essential component of the marine rules. When rules are broken, there is the potential for severe repercussions, including seizing one’s vessel. It is essential to have a good understanding of…
Learning about vessel registration and its significance before purchasing a boat is smart. Registering a boat with the appropriate authorities at the state and federal levels is a legal requirement. To the uninitiated, this may seem like unnecessary red tape, but rest assured that it is there for your protection and to help you get…
Understanding Coast Guard Registration versus Documentation Do you want to make sure that your vessel is fully protected in the water? You may be uncertain whether registration or documentation is the best way to go forward, and depending upon the type of ship that you have, you may not know which the right option to…
Before you go out for a great time with friends and family on the water, do you submit a float plan? Do you know what should be in one? Completing one is always a good idea. This is a crucial safety document that should be completed before embarking on any boating trip. It provides important…
Does it seem like it’s more challenging to complete your vessel documentation than it should be? When you sit down to complete your forms, do you try to find someone who can help? That’s what our NVDC is designed to do. Throughout your journey of vessel ownership, it is crucial to maintain compliance with the…
It can seem like vessel documentation is specifically made just to be confusing. Some of the terms can be hard to parse at best. One we get quite a few questions about is “MARAD Waiver” This isn’t a form of documentation that every single vessel owner will have to be concerned with. However, if you…
There’s a certain amount of superstition on the water and if you’re the proud owner of a new watercraft, you may be wondering if is it bad luck to rename a boat. Whether you simply want to give your boat a name you’ve always dreamed of or the boat comes with a name you can’t…
Are you interested in getting financing on your vessel? Does a “Preferred Ship’s Mortgage” sound appealing? A mortgage can make it possible for you to have the vessel you’ve always dreamed of. Yes, a mortgage is a commitment, but it’s one that may get you out on the water in your perfect boat. Over the…