Abstract of Title and Foreign Vessel Registry: The Whole Truth

Want to find out more about a vessel but don’t trust online sources? Have you narrowed your search down to a couple vessels that you really like, yet want to have as much information as possible? No one wants to spend the money on a vessel without being in possession of all of the facts. That’s where our Abstract of Title and Foreign Vessel Registry forms come in. They can let you know exactly what’s real and what isn’t about a vessel. 

What the Abstract of Title Contains 

This form lets you know, more or less, the entire history of a registered vessel. So, you’ll know the entire chain of ownership, with nothing (or no one) being left out. From the first owner through the most recent one, you’ll have it all. Additionally, you’ll be made aware of if there were any liens or mortgages on the vessel. Even more importantly, you’ll be made aware of if there are any liens or mortgages on the vessel. This kind of information can prove absolutely invaluable. 

Foreign Vessel Title Search Request/Transcript of Registry 

You might have read to this part of the blog and thought: “OK so that all sounds great, but the vessel I’m interested in isn’t in the United States.” That’s where this Foreign Vessel Title Search Request/Transcript of Registry form comes in. This form gives you essentially the same information that the Abstract of Title does. But, it does so for vessels that are marked in the United Kingdom, the British Virgin Islands, the Caymans, Bermuda, the Bahamas, and Canada. That way, you can find out all there is to know about a vessel even if it isn’t in the United States. We see it as one more way that we can help out vessel owners. 

Why These Forms are So Important 

Simply put, it’s so that you don’t get taken advantage of. With the advent of online vessel purchasing, you’re liable to come across more information than ever. Unfortunately, it can be harder to trust that information. Someone unscrupulous could tell you something like: “sure, this vessel’s great. I paid off the Preferred Ship’s Mortgage a while back, the vessel’s only a couple years old, I’m the only owner, etc.” If you didn’t have either of these forms, you might not be able to corroborate whether or not that’s true before you purchase. These forms offer education and protection. 

After You Purchase Your Vessel 

Hopefully, you find out all you need to know about these vessels and purchase the one that’s right for your needs. Should that be the case, you can find all of the other forms that you’ll need for vessel ownership right at our site. Registering the vessel, renewing that registration, change its hailing port, getting your own Preferred Ship’s mortgage on it and so much more – you can find all of this right at our site. For more info, call us at (800) 535-8570 or fill out our contact form