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The Transfer of Ownership Form CG-1258 is utilized when: Purchasing/transferring a vessel: When the sale is finalized you may complete a U.S. Coast Guard Bill of Sale (CG-1340). If there is an outstanding mortgage, the mortgagee (lender) should complete a Satisfaction of Mortgage.
There are two scenarious where a boat doesnt have a title: Either it is a larger vessel (greater than 27ft) that has a name and hailing port marked on the back (US Coast Guard Documented vessels do not have titles) or it is a smaller vessel with a lost title.
2. What to include in a bill of sale for a boat. The names, ID information (if required), and contact details for both the buyer and the seller. The boats information, including VIN, make, model, year, and registration number. The price of the boat. Conditions of the sale, including any warranties or as is status.
United States Coast Guard Documented vessels must use form CG-1340 to complete a Bill of Sale in order to transfer ownership or to sell a percentage of the Documented Vessel, if they are not using the back page of the CG-1270 Certificate of Documentation.
CERTIFICATE OF DOCUMENTATION; REDOCUMENTATION: Completed by new OWNER(s); submit an original OR copy of Form CG-1258. CG-1340 BILL OF SALE: Submit one original OR one copy of the bill of sale or CG- 1340, signed by or on behalf of all persons, transferring an interest in the vessel.
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Additionally, any member of the public can request a Certified Copy of the Certificate of Documentation for any US Coast Guard Documented Vessel. This will provide the Managing Owner name and address, along with pertinent vessel endorsement information.
The US Coast Guard bill of sale form is an important document, both for someone selling a boat and for someone buying a boat. This form is used to transfer ownership of a water vessel, both those with an engine and those without.
YOU MAY ALSO CONTACT OUR OFFICE AT: 800-799-8362 OR BY MAIL AT U. S. COAST GUARD, NATIONAL VESSEL DOCUMENTATION CENTER, 792 TJ JACKSON DRIVE, FALLING WATERS, WV 25419.

notarized bill of sale for boat