"Denis Marier" wrote in message
...
I am a little uneasy to buy a used sailboat.
I do not know of any mechanism that can tell me if there are any monetary
liens against a sailboat. If I buy a boat and pay the seller in full who
will prove that I own the boat. The seller may still owe money to the bank
that makes the bank the real owner.
One of our club member did buy a boat in the US and managed to obtain
clearance from the lending institution. This may not always be the case.
Many are saying that I may have to hire the service of lawyer to get clear
ownership other suggested the service of a broker. In Canada, lawyers are
only responsible for what information they have access or made available
to
them. I would appreciate any comments and suggestions
TIA

You can always check the title, at least in the US. I'm sure a competent
Canadian attorney familiar with boat transactions could advise you how to
verify title in Canada.

The typical problem wouldn't be the title, but rather the underlying
condition of the vessel.

--
"j" ganz @@
www.sailnow.com