Will you purchase a brand-new ship, or do you want to look at some pre-owned options? Before making any commitments, you should learn everything you can about a vessel bill of sale. We’ll explain who has to sign this bill of sale and their roles. To start things off, you’ll need a bill of sale…
Is your vessel bill of sale out of date and needs updating? In such a case, one must be aware of the situations in which one is necessary. In today’s article, we will discuss the circumstances in which you must have a bill of sale for your vessel. Read on to get all the knowledge…
You may be a new owner of a USCG boat and have questions about a vessel bill of sale and why it is vital to have one. This paper is a legally binding agreement between the buyer and seller of a boat. It specifies the specifics of the selling transaction and is signed by both…
When you own a vessel, you are responsible for submitting the necessary documentation to maintain your boat registered and in compliance with the law. A vessel bill of sale will be one of the essential papers you will need. When one person sells their boat to another, the boat’s ownership must be transferred via a…
Buying a second-hand vessel is the most cost-effective way of saving money when you are investing in sailing vessels. If you are negotiating with a seller to purchase their vessel, you should know that you will need to have a documented vessel bill of sale from them so that you can register the vessel in…
If you are planning on selling your boat, you will need to do your research about the US Coast Guard documented vessel bill of sale and how it might apply to you. These documents can be the best way to settle your connection to a vessel and ensure that you are not blamed for any…