Have you been looking to learn more about a vessel that you’re interested in? Does a vessel you’re researching for a potential purchase almost seem “too good to be true?” When you’re buying a vessel, you want the absolute best vessel for your situation possible. But, you also have to be careful. You want to know everything there is to know before you make a purchase. That’s where the Abstract of Title comes in. With this form, which you can helpfully find at our site, you’ll know everything you need to know about documented Coast Guard vessels before you buy.
What the Abstract of Title Is
This is the form that contains all of the vessel’s history. You’ll know exactly what the chain of ownership is: who owned it, how long they owned it, and more. You’ll know the age of the vessel, when and where it was manufactured. Moreover, you’ll know all there is to know about any liens that were placed against the vessel as well as mortgages. Additionally: you’ll discover whether or not those were satisfied. All of this, of course, comes from an unimpeachable source.
Why This is So Important
Imagine that you’re researching a vessel and you’re sending messages back and forth with the owner. The vessel is four years old, it looks great, you’re talking to the original owner, everything seems fantastic. But, on a whim, you get an Abstract of Title anyway. When that arrives, it tells you a different story. Specifically, it tells you that the vessel is actually eight years old and there’s a lien against it which has yet to be paid off. With an Abstract of Title, you can know the truth, the whole truth, and nothing but the truth about a vessel.
If The Vessel You’re Interested in is Overseas
An Abstract of Title can be a very, very useful form – but, it’s only for vessels that are in the United States. If the vessel you’re interested in is in the Bahamas, the United Kingdom, the U. S. Virgin Islands, Bermuda, Canada, or the Caymans, you’re in luck — we have a form for finding out the truth about vessels in those countries as well. The “Foreign Vessel Title Search Request/Transcript of Registry” can give you the information you need about those vessels, so you’ll have all of the education at your fingertips.
All the Coast Guard Vessels Documentation You’ll Need in One Place
The truth is that it’s unlikely someone selling their vessel is as deceitful as the examples presented in this blog. The truth is that many folks get an Abstract of Title, find out that everything is on the up and up, and then buy the vessel of their dreams. Once you do that, you can find all of the Coast Guard registration forms that you’ll need throughout the course of vessel ownership right at our site. Any questions? Our staff will be happy to answer them at (800) 535-8570.