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From: Malcolm Fraser (no email)
Date: Tue Aug 09 2005 - 16:53:52 EDT
Hi Philip,
Thank you for the reply.
The boat in question is state registered in Delaware (tax reasons I understand). Not documented by the USCG.
I have contacted Transport Canada regarding the details of Canadian registration. I have also just emailed the broker to determine if he does the title and lien information.
The only thing I am concerned with is that there are no liens or encumbrances and I assume that those would have to be verified (in this case) by the registration folks in the State of Delaware?
Regards,
Malcolm
----- Original Message -----
From: Philip Lange
To: Malcolm Fraser
Sent: Tuesday, August 09, 2005 4:37 PM
Subject: Re: lv-ab: Boat Documentaion Title Search
Malcolm,
Is the boat registered or Documented? There is a difference between Canadian and U.S wording.
Registration is done by the State, Documentation by the Feds.
Many yachts are documented using a Delaware corporation (formed for the purpose) as owner. (Tax reasons)
It would be also helpful to contact Transport Canada http://www.tc.gc.ca/ShipRegistry/feedback.asp?lang=e and learn what papers are required to register your boat in Canada, if that is what is what you desire. I called them on the phone and found them to be very helpful.
As to US Documentation, you may find the following links helpful:
http://www.st.nmfs.gov/st1/commercial/landings/cg_vessel2.html
Contact the USCG Vessel Documentation Center (http://www.uscg.mil/hq/g-m/vdoc/nvdc.htm) for vessel title and lien information.
When I bought our boat in Florida, the broker took care of the title search. As to weather the Broker in the Caribbean feels responsible for doing that, I would contact the broker and ask.
At 03:44 PM 8/9/2005, you wrote:
Hello Everyone,
I may be buying a boat in the Caribbean (Trinidad) that is registered in the
State of Delaware.
I am Canadian and will be eventually registering the boat in Canada.
My main question is: How do I determine that I am getting clear title to
the boat, does the broker do that, or am I responsible in doing that?
Can I research that online somewhere?
Thanks,
Malcolm Fraser
soon to be boat owner?
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Witness 35 Catamaran
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