Perhaps there are some fees involved. Swabbie
broke his piggy bank to buy that rubber duck.
Obviously he has no judgment--remember the
careful research that went into the question of
whether he was stupid or lacked judgment?

Well it is one and the same as far as he is concerned.

Or on the other hand, if he sinks the boat, it
won't matter. Perhaps he plans to over-insure it
and then sink it when he finds he can't get his
money back out of it on a resale.

"Capt. JG" wrote
I would sure like to know why one would let the documention lapse. It's
pretty easy to transfer.

"Bart Senior" .@. wrote
Only a foolwould give up US documentation
in favor of registration.

"Capt. Rob" wrote
It was previously documented under Windward
First. The
documentation will lapse as it's going to carry NY Reg only.
Banks
require documentation in most cases.