The day that you finalized the purchase of your boat was thrilling. You got the keys and your paperwork, and you knew you were going to get to spend as much time as you wanted traveling on the open waters with family and friends. While this was a happy day for you, it likely also…
As you might be aware, there are some regulations you need to comply with if you are lucky enough to have a boat in the US. Generally, you will need to be registered at a state or federal level. That will depend on the size and primary use you give to your vessel. Boats that…
If you own a boat in the United States, you should know the requirements of a USCG satisfaction of mortgage. Because you never know when you can end yourself in a sticky position, it’s always wise to be ready for everything. Getting a mortgage is essential when purchasing a boat. If you buy your ideal…
There is a good chance that you are familiar with the USCG satisfaction of mortgage program if you are a yacht owner in the United States. This innovative initiative allows boat owners to use their vessels as collateral for a house loan, which may be a significant benefit when purchasing a new boat or refinancing…
Weekly, one of the most common questions we receive is related to the USCG Satisfaction of mortgage. As such, the Maritime Documentation Center has decided to create this article to explain to you everything that has to do with it. When purchasing a boat with the help of a loan, a particular type of them…