Records submitted to the Coast Guard for a specific vessel are kept in a vessel abstract of title. However, claiming that it is the definitive history of titles isn’t entirely correct either.
If a boat has previously been registered in a different nation or state, the abstract may not include all of the important dates and events that occurred.
An investment in the form of a vessel, boat, or yacht is a significant financial commitment that will need ongoing upkeep for the duration of your ownership.
Make sure you do your study before finalizing any agreement to guarantee that you make wise financial decisions with your money.
Read more about an abstract of title at Vessel Documentation Online LLC.