Vessel Bill of Sale: What Is It and Why Do I Need One?

When you own a vessel, you are responsible for submitting the necessary documentation to maintain your boat registered and in compliance with the law. A vessel bill of sale will be one of the essential papers you will need. When one person sells their boat to another, the boat’s ownership must be transferred via a…

A Beginner’s Guide on Vessels’ Abstract of Title

You finally were able to purchase the boat of your dreams. With current inflation and all of the different regulations instaurated, keeping your vessel up to date is not as simple as it used to be. Find out about the necessary documentation, in particular about the vessels’ abstract of title in this beginner’s guide. Abstract…

What is an Abstract of Title, Exactly?

Title insurance companies provide an abstract of title and a summary of the property’s ownership history. Owners of boats who are considering acquiring a vessel that has been previously owned may find this paper to be an invaluable resource in assessing the hazards of such an acquisition. Additionally, an Abstract of Title may be utilized…