Have you reached the point where it’s time to take on new owners for your vessel? Is someone transferring the ownership of their vessel to you, or are you transferring the ownership of your vessel to someone else? These are important, private matters between people. However, they also have to be properly documented, too. There could be penalties and repercussions if they aren’t handled the right way, and that’s the last thing that anyone wants. Here at our vessel documentation center site, you can find the right USCG documented vessel change of ownership form for your needs.
USCG Documented Vessel Change of Ownership
The easy, “flip” answer to this is: “yes, I need this form when transferring ownership of my vessel to someone else.” Yes, that’s what this form is for. But, it also has plenty of other uses, too. For example, it’s the right form to use when you’re transferring ownership not to someone, but rather multiple people – such as a company or trust. Additionally, this is the form to utilize should you need to remove or add your spouse, partner, and so forth. If you’re selling the vessel, odds are this form is going to be necessary as well. Really, those are just a few of the reasons that you might need this form.
Link to full article HERE.
