So, picture this. You are selling your vessel to someone and they request to know more about its registration history and financial standing. Alternatively, you are the one purchasing a used vessel and would like to be sure it doesn’t have any claims, liens, or debts attached to it. Don’t you wish there was a…
The easiest way to ensure you have all the information you need about your boat is to get an abstract of title from the United States Coast Guard. This document contains a comprehensive history of your vessel, including any liens or other information that may have an impact on its own, as well as other…
An abstract of title is a legal document that provides a concise account of the succession of owners for a specific parcel of land or property. This document can potentially be of great assistance to owners of vessels since it can offer specific information on any encumbrances (such as liens or mortgages) that may exist…
Have you ever wondered what an abstract of title is? If you own a USCG vessel, perhaps you should. There are various situations in which you may need to get one. An abstract of title, for instance, will be needed if you want to make sure a secondhand boat you are purchasing is clear of…
The first time a vessel is documented, the United States Coast Guard (USCG) generates a record attached to the file, which is normally referred to as “Abstract of Title” or “General Index”. Apart from the basic information about the vessels, all of the transactions in which the boat was involved like changes of ownership, mortgages,…
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…