Boat Documents & Closing Services

Boat registration requirements vary by jurisdiction, but common information requested includes the boat’s make, model, year, hull identification number (HIN), length, and owner’s contact details. You may also need to provide proof of ownership, such as a bill of sale or previous registration documents.

Selling a boat with an outstanding loan or lien is possible, but you need to address it appropriately. You will need to pay off the loan or obtain a lien release from the lender before transferring the boat’s ownership to the buyer.

Yes, providing maintenance records can help establish the boat’s condition and upkeep. It gives potential buyers confidence and demonstrates that you have taken care of the vessel. Maintenance records can be particularly valuable for older boats or those with extensive modifications.

Yes, you need a bill of sale to sell your boat. It serves as a written record of the transaction, protects both the buyer and seller, and helps establish the terms of the sale, including the purchase price and any warranties or guarantees.

The requirement for a release of liability form varies depending on your jurisdiction. Some states or regions may have specific forms that sellers need to complete to release themselves from future liabilities associated with the boat. Check with your local boating authorities or Department of Motor Vehicles for guidance.

Vessel documentation is a national form of registration. It is one of the oldest functions of Government, dating back to the 11th Act of the First Congress. Documentation provides conclusive evidence of nationality for international purposes, provides for unhindered commerce between the states, and admits vessels to certain restricted trades, such as coastwide trade and the fisheries. Since 1920, vessel financing has been enhanced through the availability of preferred mortgages on documented vessels.

U.S. Coast Guard documentation of a vessel is considered the preferred method of recording ownership of your boat with the government. As a national form of registration, you receive benefits that would not otherwise be available under state registration and is generally considered a more prestigious form of registry.

No, not all boats can be documented. The option to document a boat is primarily available for vessels that meet specific criteria set by the U.S. Coast Guard. Generally, boats that are at least 5 net tons in size and used for recreational, commercial, or other qualifying purposes are eligible for documentation. It’s important to consult with the U.S. Coast Guard or a professional boat closing service to determine if your boat meets the requirements for documentation.

A Hull Identification Number (HIN) is a unique combination of letters and numbers assigned to a boat. It serves as a unique identifier for the vessel and provides important information about the boat’s manufacturer, country of origin, serial number, and model year. The HIN is typically affixed to the hull of the boat and is required by law in many countries, including the United States. The HIN plays a crucial role in identifying and tracking boats for registration, documentation, and safety purposes.