Why You Should Get an Exchange of U.S. Coast Guard Certificate of Documentation

You’ll need an Exchange U.S. Coast Guard Certificate of Documentation if you don’t want to purchase a yacht but would still like to use one for recreational purposes in exchange for yearly fees. The price of this certification varies with the type of boat you intend to operate. Still, it is always much more affordable than selling or purchasing a boat.

A vessel’s fitness for use on the sea is attested to by its paperwork permit. The federal government issued this regulation to stop using dangerous boats for transit. The following are some of the many benefits of exchanging your U.S. Coast Guard documentation certificate:

No More Registration Fees

Have you ever wondered why there is no more documentation available? The response is as follows: according to regulations established by the USCG, any sailboat with up-to-date documentation must pay a yearly registration charge. This implies that if you have up-to-date documentation, you must pay costs annually until the end of your life. In addition to that, many other costs are involved, such as an examination charge and a yearly freight tax.

If, on the other hand, you get new documentation in place of the old ones, you won’t have to pay the associated costs. It is up to your state to determine whether or not they have additional charges, but it is highly likely that you will not be required to pay any additional registration or licensure fees. The only thing you will be required to pay in most states is a sales tax (for example, 6% in New York).

No More Renewals with an Exchange of U.S. Coast Guard Certificate of Documentation

Some of the criteria for boat registration could be clearer or have changed over time (for instance, did you realize you needed a Certificate of Documentation when you purchased your vessel?). I didn’t), but one element has remained unchanged for decades. A watercraft that hasn’t had its Certificate of Documentation renewed is illegal to use in U.S. waterways.

However, if you are anything like me, your watercraft is more than just a means of transportation; it is also an asset. You have invested time and money into this boat and want it to be in excellent condition and ready for use whenever the mood arises. You’d do anything to keep from missing out on that chance. To be honest, renewals aren’t exactly a walk in the park. Paperwork is involved, and based on where you reside, someone in authority may need to inspect your watercraft before signing off on the new registration document. This may require you to take time off work or travel across state borders.

Easier To Sell Your Boat at Any Time

Your yacht will be simpler to sell at any moment if you have an exchange for a U.S. Coast Guard Certificate of Documentation, which is the other reason you should get one. You can get one at any time. When trying to sell a boat, one of the most significant challenges you will encounter is that some prospective purchasers will only want to buy a ship with a Certificate of Documentation.

Because of this, obtaining a fresh certificate can take several months. However, if you are in a hurry to sell the boat, it may only be possible if it has a certificate. This can be very aggravating. However, if you have an exchange Certificate of Documentation issued by the United States Coast Guard, you will have no trouble selling your yacht.

More Protection for Your Investment

You want to maximize your yacht because it represents a significant financial outlay. If you’re into boats, you presumably figured out which model would suit your requirements the best before purchasing one. You probably got a yacht to cruise the waterways in style and comfort. You could have looked into the boat’s potential for business and leisure use.

That’s why sharing documentation with the U.S. Coast Guard through a Certificate of Documentation Exchange (the USCG Document) is crucial. Your watercraft can be used for commercial and leisure purposes with the proper USCG Document. The USCG Document will allow you to lawfully and securely use your watercraft for business reasons. It’s a way to repurpose a boat without starting over with a brand-new title or registry. If the proprietor of a vessel wishes to switch the ship’s function, all they have to do is ask for a swap.

Contact Us Today

The Maritime Documentation Center offers various marine documentation services, including exchanging a U.S. Coast Guard Certificate of Documentation. We can handle all the red tape in transferring your vessel’s documentation to the state you want it to be in, so you don’t have to worry about that part of the process. It’s our job to help you get your boat ready for transfer, and we are more than happy to do this for you!