Our Boat Transactions Page deals with
actions and events which may affect ownership and equity positions in
everything from ski-boats to mega-yachts. This includes purchase
arrangements, boat ownership transfers, marine escrows, boat loan
security agreements, vessel mortgages, and maritime liens.
Boat Closing Settlement Service
- A safe, efficient, and economical way for buyers, sellers,
marine lenders, and yacht brokers to finalize a purchase and sale. All
aspects of the closing are handled by a qualified boat titling
professional. Boat Lien Services
- File a claim of lien with the Coast Guard or register your lien
with our boat lien claims database. Boat Titling Forms
A complete gathering of forms designed for boat title and marine loan
transactions. Marine Lender Services
- Visit our services page for a complete selection of boat loan
security services with self-service or professional full-service
options. Purchase and Sale Kit
Our boat purchase and sale kit contains all of the forms and
instructions for implementing a buyer to seller direct transaction.
Boat Titles Overview
- An informative article about the various methods in which boats
become titled and how this relates to boat transactions. Boat Transactions Advisor
- Answers to frequently asked questions about actions, events, and
transactions as they relate to boat title equity positions. Stolen Boat Postings
Add a free listing to our stolen boat database and gain exposure to our
readers from all over the world. Boat
Escrow Settlements - A summary of what boat escrow closing
settlements are all about, why there is an absence of such services, and
the various alternatives in today's marketplace. Maritime Boat Liens
An overview what boat liens are all about, how they are created, and
various methods of foreclosures.
There are a wide range of circumstances in which
transactions, events, or activities can affect ownership
and equity positions in a particular boat. These may include purchase arrangements, transfers of interest, security agreements,
maritime liens, foreclosures, seizures, abandonments, demolitions,
environmental casualties, and legal settlements. In most cases, the
underlying condition of an existing title will weigh heavily on how
such matters are ultimately settled or resolved.
Purchase and sale
arrangements are the most common transactions in which all or part
of the boat's ownership is voluntarily transferred. This can also be
said for transfers resulting from gifts, asset restructuring, and
legal name changes. Such dealings are often accompanied by marine
financing where the owners will grant a security interest for the loan amount. This effectively
gives the lender an equity position in the boat until the loan is paid off.
The creation of maritime
liens is another way in which certain actions can give rise to
equity changes in a boat. These may come about
voluntarily when the owner purchases goods and services or
involuntarily in the case of operational liabilities. Here again,
the claimant will acquire an equity position in the boat until
a debt is settled. One notable thing about maritime liens is that
they need not be recorded in order to remain effective, even through
Other types of actions which
may affect or encumber a boat's title are tax
liens, governmental seizures, foreclosures, theft recoveries, and judgment awards.
These conditions can result in either a complete or partial
forfeiture of the existing owner's equity. Under most
circumstances, such changes are brought about as a result of
judicial rulings or by summary execution of state and federal
Although changes in
ownership, equity positions, and lien claims are generally recorded
with the appropriate state or federal agency, this is not always the
case. In fact, maritime liens do not have to be recorded at all in
order to remain effective. The same applies to instruments of
transfer and security agreements which may be none the less valid
even though not recorded. The absence of proper recordings may
however, affect the rank and priority of those claiming an
interest in the boat.
Equity positions, liens,
encumbrances, and other claims of interest are not always self
evident from a boat's certificate of title, documentation, or
registration. A thorough boat title and background search should
accordingly be implemented in all but the simplest transactions. A
check on the owner's personal background is also recommended to make
sure such party has the wherewithal to make good on any
representations or guarantees of tile.
Our website offers a
wealth of information, tools, and resources for implementing boat
transactions and title searches. This includes a complete array of
related services, forms, and our exclusive BoatScope database. Be
sure to visit our Service, Forms, and Database pages for additional
details, examples, pricing, and ordering information.
BOAT CLOSING SERVICE
A safe, efficient, and economical way for buyers, sellers, marine lenders, and
yacht brokers to settle the purchase and sale of a boat.
▪ Experienced closing agent.
▪ Service available nationwide.
▪ Complete title & lien search.
▪ Arrange loan payoffs.
▪ Prepare settlement statements.
▪ Secure lender's collateral.
▪ Distribute closing funds.
▪ Obtain all seller releases.
Get a free quotation today and learn more about this excellent service.
BOAT HISTORY SEARCH
The internet's largest collection of maritime databases all rolled into one
convenient search interface.
▪ Salvaged boat database.
▪ Boat lien claim database.
▪ Stolen boat database.
▪ Boat accident database.
▪ Pollution database.
▪ Documented vessel database.
▪ Factory recall database.
▪ Manufacturer database.
Includes a full compliment of boat title search resources.
BOAT TITLING SERVICES
Our Services Page offers a complete listing of state title and vessel
▪ Economical self-service kits.
▪ Convenient full-services.
▪ Immediately available online.
▪ Excellent customer support.
▪ Servicing any kind of boat.
▪ Save hundreds of dollars.
▪ Serviced by professionals.
You will also find a complete gathering of transactional services.