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TRANSFER of USCG Documentation Questions

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TRANSFER of USCG Documentation Questions

 
Old 08-24-2017, 10:47 AM
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Default TRANSFER of USCG Documentation Questions

Use this Transfer of USCG Documentation Webform if you are:
  • Selling/transferring your vessel: When the sale is finalized you may complete a U.S. Coast Guard Bill of Sale (CG-1340). If there is an outstanding mortgage, the mortgagee (lender) should complete a Satisfaction of Mortgage. The vessel cannot be removed or transferred from documentation with an outstanding mortgage or lien.
  • Transferring Documentation into a Trust, Corporation or LLC
  • Adding/removing a spouse to the Certificate of Documentation after a passing or divorce

One of the most frequently asked questions with regard to Transfers or Exchanges of USCG Documentation is if the Documentation has to be current in order to transfer. Not at all! The NVDC processes Transfers/Exchanges regardless of Documentation expiration or current status.

Please do not post personal or Managing Owner information on this thread, use a PM instead.
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