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Jeff Morris
 
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Default Do You Own a Yacht???

So you don't have a title and you don't have a bill of sale. And your documentation
hasn't arrived. And your plaque is "though bolted."

I never said that documentation was a title, I said it was as close as you get. Since a
state title is not required, and you send in the Builder's Certificate and/or Bill of
Sale, the only real piece of paper you have is the Documentation. And that is accepted as
proof of ownership for virtually all situations.

You may think the you own the boat, but if Suzy's name is on the Documentation, she is the
owner.

And what does the insurance company have to do with this?


"Bobsprit" wrote in message
...
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.

Repeat after me! The doc is NOT a title. Notarized bill of sale is what's sent
to CG. In this case we had to also send our marriage certificate along with
notorized statement that I was the operator, which was also sent to the
Insurance co.
The marriage cert. was recquired because my name is on the bill of sale, but I
wanted hers on the doc. alone.

RB



 
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