Abstract of Title

Information on How to Purchase a Vessel with an Abstract of Title

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…

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Abstract of Title

What you Need to Know About the USCG Abstract of Title

Any vessel that was at some point registered with the United States Coast Guard (USCG) generated a type of document that we call “Abstract of Title”. If you are not familiar with this type of paperwork there is no need to stress. No one was born knowing what US Coast documentation is or what you…

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Abstract of Title

What Is the Significance of the Abstract of Title for Boat Buyers?

If you are in the market for a boat, the Abstract of Title is one of the most crucial papers you will need to be familiar with to make a purchase. This document establishes the owner of a certain boat and details any liens or encumbrances connected to it. Before finalizing a purchase, prospective purchasers…

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Vessel Abstracts of Title

Frequently Asked Questions about Vessel Abstracts of Title

The owner of a USCG vessel may be unfamiliar with the term “vessel abstract of title” and uncertain whether or not you need one. The transfer of a vessel’s ownership is recorded in an abstract title. If you plan on selling your boat, prospective purchasers will want to see an abstract of the title as…

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Abstract of Title

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…

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Abstract of Title

Abstract Of Title for A Vessel for New Boat Owners

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….

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