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From: Rosalie B. (no email)
Date: Thu Aug 26 2004 - 10:16:16 EDT
On Thu, 26 Aug 2004 13:12:00 +0000, you wrote:
>
>Bryan said,
>However, if you purchase a boat that is State registered (indicated by
>letters and numbers affixed to the bow area), the title may or may not
>indicate any recorded liens. Depends upon the state. Best advice I can
>give you is to speak with a lender in the area, and ask the same question
>about the specific boat. The lender will tell you what's needed for you to
>get a loan. Generally, they don't hand out money until they're satisfied!
>
>Over all, some good advice Bryan. But the statement about registration may
>not be true in all states. I think some states require registration even if
>the boat is documented. The documentation will still record all the known
>issues in addition to what is on the state paperwork.
Usually if the boat is federally documented, it will not have the
state numbers on the bow even if it is also state registered. And the
documentation takes precedence.
grandma Rosalie
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