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Default Secret Liens?

Interesting article...

http://www.boats.com/news-reviews/ar....html?lid=7583
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Default Secret Liens?


"cavelamb himself" wrote in message
...
Interesting article...

http://www.boats.com/news-reviews/ar....html?lid=7583


Very interesting article.

Therefore, if you buy a boat that has been salvaged, at a write off price
with the intent of fixing it you may not know that there is a secret lien on
it. Even if the selling contract states that they are no liens on the boat
it does not excludes secret liens.

Conversely, if you, as a Good Samaritan, pull a sailboat off the rocks or
sand bar, can the owner place a secret lien on your boat for damages
sustained during the pulling process?




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