Purchasing a big recreational boat with an abstract of title, such as a yacht, is a significant life decision. While you own the boat, you’ll be spending a lot of money on both selling it and keeping it maintained and cared for. For you, purchasing a yacht or other large vessel is a significant undertaking.…
If you are in the market for a new vessel, you must do your homework and become knowledgeable about all available possibilities for making a purchase. Buying a vessel that already has an abstract of title attached to it is a possibility that you have at your disposal. This article will give information on what…
While most yacht owners are aware of USCG Certificates of Documentation, only a minority are aware of where they may get a copy of the real USCG Abstract of Title. There are various reasons why having a valid title on your boat is important. If you own a USCG vessel, you must regularly maintain your…
When you buy a registered vessel with the United States Coast Guard (USCG), you are obligated to get a title for it and register it with the USCG (USCG). To do this, you need to have an abstract of title for the vessel—an abstract of title details a vessel’s current owner and previous ownership transactions.…
If you’ve been in the boating business for a while, the question about what is an abstract of a title probably popped into your head a few times. A document known as an Abstract of Title offers a historical account of all of the ownership changes and legal events that have been involved with a vessel.…
If you are the owner of a USCG vehicle, you may be wondering how I get an abstract of title. Prospective purchasers sometimes want an essence of title to finalize a sale of a vessel since it documents your vessel’s ownership history. You need to know this if you’re trying to sell your USCG boat…