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…
Has it been a while since you purchased a new vessel? Have you been trying to do research into one vessel or another but want to make sure that you’re getting information that you know is correct? If so, then you’re going to need a boat Abstract of Title. This form can be invaluable, giving…
If you are just starting out in your journey of being a boat owner, then it might be fair to assume that you are not yet versed in all of the different rules, regulations, and terminology that are used in the world of vessel ownership and boating. Not all of it is necessary to know…
When you are the boat owner, you must stay on top of all the paperwork and documentation associated with the boat. One document you’ll undoubtedly want to be acquainted with is the abstract of title. This is a rundown of every transaction that has taken place regarding your boat, all the way dating back to…
“I can’t find a ‘bill of sale for a boat’ form online, can I just write it up by hand?” “Can I really use that bill to sell my documented vessel?” Selling your vessel can be an exciting time. You’ve found someone who’s willing to buy your vessel at your price. But, before you complete…
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…
If you own a USCG vessel, you should have a copy of the abstract of title on hand at all times. Nevertheless, did you know that the USCG can take a while to process one? An abstract of title for your USCG vessel can be obtained for various reasons. An abstract of title is required,…
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…