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Jeff Morris
 
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Default Do You Own a Yacht???

The documentation is as close to a "title" is there is. If you sell a documented vessel,
that is the proof of ownership. The bill of sale, CG-1340, is filled out by the seller,
notarized, and sent in to the Vessel Documentation Center, along with the CG-1258. The
original BOS is retained and a copy is returned. If you document a new vessel you do not
end up with a bill of sale. Since your situation was different - the documentation had
lapsed - the state title has to be sent in.

http://www.uscg.mil/hq/g-m/vdoc/instr/instrex.doc

"Bobsprit" wrote in message
...
It certainly does. It indicates both physical ownership and managing
ownership. But you knew that since your boat is documented.

Not at all. You don't know the law. The original reciept and insurance and
operator papers indicate ownership. Documentation is NOT a title.
But there's a far better reason to put the documentation in my wife's name.

Sorry.

RB



 
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