How do I transfer ownership of a documented vessel?
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.
How to sell an USCG documented vessel?
To facilitate the sale of a US Coast Guard Documented Vessel, you must either complete and notarize the CG-1340 Bill of Sale OR complete and notarize the second page (back side) of the CG-1270 Certificate of Documentation. NOTE: ALL managing owners must be listed on the CG-1340 Bill of Sale.
Is coast guard Documentation the same as title?
No, Coast Guard Documented vessels do not have titles, but they hold Certificates of Documentation in their stead.
Who holds the title of a documented boat?
No, Coast Guard Documented vessels do not have titles, but they hold Certificates of Documentation in their stead. Federal law prohibits Documented vessels from possessing State titles, as the Federal Documentation supersedes all State registration.
What are the requirements for vessel Documentation Coast Guard?
The basic requirements for documentation are to demonstrate ownership of the vessel, U.S. citizenship, and eligibility for the endorsement sought. A vessel must measure at least five net tons and, with the exception of certain oil spill response vessels, must be wholly owned by a citizen of the U.S.
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People also ask
How do I transfer ownership of a doc?
Change owners in Google Drive On your computer, open Google Drive. Find the file you want to transfer then right-click. Click Share click Share . Next to the recipients name, click the Down arrow. Transfer ownership.
How to transfer ownership of a documented vessel?
Ownership of a documented vessel may be transferred quickly and easily at the Vessel Documentation Center. It is just necessary to produce a photocopy of the Certificate of Documentation in this case. It must include the owners signatures, and a copy of the document must be notarized.
How do I renew my Coast Guard certificate of inspection?
To renew a Certificate of Inspection, you must submit an application at least 30 days before the expiration of the vessels current certificate. Applications are available at any U.S. Coast Guard Sector Office or Marine Inspection Office.
Related links
46 CFR 68.70 - Application procedure for vessels other than
(3) Mortgagee consent on form CG-4593, if applicable;. (4) If the application is for replacement of a mutilated document or for exchange of documentation, the
CG-4593 (05/20). Previous Edition Obsolete. Page 1 of 2. Page 2. INSTRUCTIONS. I. APPLICATION. 1. INDICATE CURRENT DOCUMENTED NAME. 2. INDICATE OFFICIAL NUMBER
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