Could have a new boat by Saturday
 

I just sent the check to the surveyor yesterday. Survey is being done on
Friday. I'm looking at the boat on Saturday. The official survey won't be
sent to me until Monday or Tuesday, but the surveyor said that he'd give me
a verbal thumbs up or down by Saturday.

By Saturday at noon, I could be burning $350 worth of gas travelling on the
boat en route to Naples from the seller's marina near Tampa.

I've been boating for over 20 years, buy have never owned a twin screw boat
this size (31' LOA...10'7" beam). It should be a learning experience.

The loan company says that the boat must be CG documented. What are the
rules/requirements for CG documentation? And what's the purpose of it?

Could have a new boat by Saturday
 

NOYB wrote:
I just sent the check to the surveyor yesterday. Survey is being done on
Friday. I'm looking at the boat on Saturday. The official survey won't be
sent to me until Monday or Tuesday, but the surveyor said that he'd give me
a verbal thumbs up or down by Saturday.

By Saturday at noon, I could be burning $350 worth of gas travelling on the
boat en route to Naples from the seller's marina near Tampa.

I've been boating for over 20 years, buy have never owned a twin screw boat
this size (31' LOA...10'7" beam). It should be a learning experience.

The loan company says that the boat must be CG documented. What are the
rules/requirements for CG documentation? And what's the purpose of it?


The CG document is a certificate of ownership.

In some ways, it is like a "title" that you could get from your state
government, but the CG document trumps state titles (and in fact,
states are prohibited from issuing titles to boats with a CG document).
The document will list the HIN, the builder, the owner (you), and the
leinholder (the loan company).

Your lender prefers a document to a state title because it is a lot
easier to repo the boat if you stop making payments and decide to hide
out in Alabam or Louisiana to avoid your creditors :-)

Most states still require that you *register* the boat and pay any
associated sales or use tax, even though your boat will be "documented"
rather than titled. The regulation that prevents states from issuing
titles to documented boats does not prohibit states from requiring a
registration. However, you can not display state registration numbers
on your hull if you are documented.

There is some chance you may be boating in a foreign country, such as
the Bahamas (?),
and you will have some itsy bitsy little teeny bit better security in
the ownership of your boat with a certificate of ownership backed up by
the US Government than one backed up by the State of _________.

Could have a new boat by Saturday
 

wrote in message
ups.com...

NOYB wrote:
I just sent the check to the surveyor yesterday. Survey is being done on
Friday. I'm looking at the boat on Saturday. The official survey won't
be
sent to me until Monday or Tuesday, but the surveyor said that he'd give
me
a verbal thumbs up or down by Saturday.

By Saturday at noon, I could be burning $350 worth of gas travelling on
the
boat en route to Naples from the seller's marina near Tampa.

I've been boating for over 20 years, buy have never owned a twin screw
boat
this size (31' LOA...10'7" beam). It should be a learning experience.

The loan company says that the boat must be CG documented. What are the
rules/requirements for CG documentation? And what's the purpose of it?


The CG document is a certificate of ownership.

In some ways, it is like a "title" that you could get from your state
government, but the CG document trumps state titles (and in fact,
states are prohibited from issuing titles to boats with a CG document).
The document will list the HIN, the builder, the owner (you), and the
leinholder (the loan company).

Your lender prefers a document to a state title because it is a lot
easier to repo the boat if you stop making payments and decide to hide
out in Alabam or Louisiana to avoid your creditors :-)

They must have looked at my debt to income ratio. ;-)


Most states still require that you *register* the boat and pay any
associated sales or use tax, even though your boat will be "documented"
rather than titled. The regulation that prevents states from issuing
titles to documented boats does not prohibit states from requiring a
registration. However, you can not display state registration numbers
on your hull if you are documented.


Great info! But the boat that I'm buying:
a) has a title
b) has state registration numbers
c) has not been documented

The current owner doesn't have a lien against it. Perhaps that's why he
never documented it?

I am paying cash for the boat, and then turning around and financing it
after the fact. The title will be in my possession by then. I suspect that
I'll have to surrender the title to the finance company in exchange for the
CG document.





There is some chance you may be boating in a foreign country, such as
the Bahamas (?),
and you will have some itsy bitsy little teeny bit better security in
the ownership of your boat with a certificate of ownership backed up by
the US Government than one backed up by the State of _________.

Is that the only "benefit"?

Where does the name have to appear on the boat? Gunwales? Transom? And
how soon after the purchase do I have to get that info stickered or painted
on the boat?

Could have a new boat by Saturday
 

"Gene Kearns" wrote in message
...
On Thu, 17 Nov 2005 02:43:25 GMT, "NOYB" wrote:

I just sent the check to the surveyor yesterday. Survey is being done on
Friday. I'm looking at the boat on Saturday. The official survey won't
be
sent to me until Monday or Tuesday, but the surveyor said that he'd give
me
a verbal thumbs up or down by Saturday.

By Saturday at noon, I could be burning $350 worth of gas travelling on
the
boat en route to Naples from the seller's marina near Tampa.

I've been boating for over 20 years, buy have never owned a twin screw
boat
this size (31' LOA...10'7" beam). It should be a learning experience.

The loan company says that the boat must be CG documented. What are the
rules/requirements for CG documentation? And what's the purpose of it?

Here's a couple.....

http://www.excelcredit.com/coast_gua...umentation.htm
http://www.uscg.mil/hq/g-m/vdoc/nvdc.htm

--

Thanks.

Could have a new boat by Saturday
 

NOYB wrote in message
nk.net...


Where does the name have to appear on the boat? Gunwales? Transom? And
how soon after the purchase do I have to get that info stickered or
painted
on the boat?


Usually a documented boat has the name on the transom at a minimum, along
with the hailing port name. There are regulations as to the size of the
lettering of the hailing port. Also, the documentation number is supposed to
be permanently affixed to an internal structural part of the hull in a
manner in which it's removal would be noticeable. These numbers also have
size requirements. My boat has the numbers burned into a teak plank that is
affixed to a bulkhead in the engine room. I cheated by simply bolting the
plank to the bulkhead whereas most I've seen are glassed on.

I am not sure what the requirements are for a twin engine outboard though.
Seems there may not be enough room on the transom for a boat name and
hailing port.
BTW - Florida *is* one of the states that requires a state registration even
though the boat is federally documented. I had my Navigator in Florida
waters for over a year and was technically supposed to register it there.
(90 day rule). I never did and got away with it. MA does not require state
registration of documented boats, although I am sure it will occur to some
bureaucrat that it would be another revenue stream someday. One nice thing
about documenting the boat is that the yearly renewal is free and the USCG
automatically sends a renewal notice.

Eisboch

Could have a new boat by Saturday
 

NOYB wrote:
I just sent the check to the surveyor yesterday. Survey is being done on
Friday. I'm looking at the boat on Saturday. The official survey won't be
sent to me until Monday or Tuesday, but the surveyor said that he'd give me
a verbal thumbs up or down by Saturday.

By Saturday at noon, I could be burning $350 worth of gas travelling on the
boat en route to Naples from the seller's marina near Tampa.

What marina?

Could have a new boat by Saturday
 

"Eisboch" wrote in message
...

NOYB wrote in message
nk.net...


Where does the name have to appear on the boat? Gunwales? Transom? And
how soon after the purchase do I have to get that info stickered or
painted
on the boat?


Usually a documented boat has the name on the transom at a minimum, along
with the hailing port name. There are regulations as to the size of the
lettering of the hailing port. Also, the documentation number is supposed
to
be permanently affixed to an internal structural part of the hull in a
manner in which it's removal would be noticeable. These numbers also have
size requirements. My boat has the numbers burned into a teak plank that
is
affixed to a bulkhead in the engine room. I cheated by simply bolting the
plank to the bulkhead whereas most I've seen are glassed on.

I am not sure what the requirements are for a twin engine outboard though.
Seems there may not be enough room on the transom for a boat name and
hailing port.
BTW - Florida *is* one of the states that requires a state registration
even
though the boat is federally documented.

Does that mean the boat will have "FL" numbers as well? I thought you
couldn't put state registration numbers on a documented boat?

Could have a new boat by Saturday
 

wrote in message
oups.com...

NOYB wrote:
I just sent the check to the surveyor yesterday. Survey is being done on
Friday. I'm looking at the boat on Saturday. The official survey won't
be
sent to me until Monday or Tuesday, but the surveyor said that he'd give
me
a verbal thumbs up or down by Saturday.

By Saturday at noon, I could be burning $350 worth of gas travelling on
the
boat en route to Naples from the seller's marina near Tampa.

What marina?


Yeah, right. Like I would tell you so that you can monkey with the surveyor
and/or seller.

I'll post the marina's name on Sunday when I get back to Naples...after the
sale goes through.

Could have a new boat by Saturday
 

On Thu, 17 Nov 2005 14:07:46 GMT, "NOYB" wrote:

Does that mean the boat will have "FL" numbers as well? I thought you
couldn't put state registration numbers on a documented boat?

================================================== =

No registration numbers but you are supposed to display the small
square "FL sticker" somewhere on the forward port side of the boat.

Could have a new boat by Saturday
 

On Thu, 17 Nov 2005 02:43:25 GMT, "NOYB" wrote:

I've been boating for over 20 years, buy have never owned a twin screw boat
this size (31' LOA...10'7" beam). It should be a learning experience.

=============================================

There are a few new tricks but with a ouboards that can be steered,
you can handle it almost like a single. One of the issues with twin
OBs is that the props are not usually far enough apart to generate the
steering torque necessary to turn the boat in its own length, as most
twin inboards can by putting one engine in forward and the other in
reverse.