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Old 03-07-2007, 09:38 AM
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Default Documenting a boat??why would you?

What are the benefits of Documenting a boat vs. registering it with the state you live in?
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Old 03-07-2007, 09:42 AM
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Default RE: Documenting a boat??why would you?

Ease of overseas travel and insurance


tax benefits for corporate boats, or building an LLC for the boat and its expenses.

Plus more, the subject is a weak point for me so I'm curious to other comments
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you keep using that word. I do not think it means what you think it means......
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Old 03-07-2007, 09:43 AM
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Default Re: Documenting a boat??why would you?

some states even a documented vessel must be registered - NJ is one. My boat is documented and I dont see any benefits. - sometimes boat lenders require it...but I have no idea why
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Old 03-07-2007, 09:47 AM
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Default Re: Documenting a boat??why would you?

Interesting question. From what I have learned so far, 1)documenting the vessel does not remove the owner from registering (and paying the annual fee) to the state. At least in NJ you still need to display your annual registration sticker, but you do not have to display the hull numbers 2)It is often required when you finance a larger boat because it enters the boat into the CG's data base which make banks feel more secure about their collateral and 3)I heard rumors that if the boat is stolen, stealing a documented boat vs an undocumented boat carries stiffer penalties. Hope this helps.
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Old 03-07-2007, 09:52 AM
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Default Re: Documenting a boat??why would you?

Registration of a documented boat depends on what state it is in. Va does not require a documented boat to be registered or display a registration sticker. Some lenders require documentation, it ensures there is a clear title to the boat they lend money against.
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Old 03-07-2007, 10:03 AM
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Default Re: Documenting a boat??why would you?

Its good if you travel offshore or to foriegn shores, the Coast Guard can intervene on your behalf. You are also privy to fly the US yacht ensign
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