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Old 29-01-2015, 16:55   #31
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Re: Purchasing a Documented Boat?

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Originally Posted by letsgetsailing3 View Post
Since the Coast Guard has three months of backlog, who is to say they're up to date? That's all I was saying. I suppose, though, that the odds of someone selling a boat twice would be rather low.

The "quick and dirty" that I mentioned was in regards to the NOAA and USCG link for instantly checking the documentation registry. The NOAA site only gets updated once a month.

If that's the same thing the title company uses, why would this gentleman pay $500 for this "service"? Seems to me there are about $150 of fees there, and some photocopying.
You are correct in the approx $150 for the abstract and the documentation. Extra for a FPSM.

The link is only for the abstract. The forms are something else but, yes, they are also the same forms.

Why would someone pay a professional if they weren't required to? These are not always easy and often people don't have the patience or desire. There are lots of scenarios but mostly for convenience I would say.

I'm not advocating either way just trying to factually answer the original question based on actual experience and knowledge.
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Old 29-01-2015, 16:59   #32
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Re: Purchasing a Documented Boat?

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Originally Posted by Terra Nova View Post
What I tried to say by "it doesn't matter" was that whether or not he financed, he should still use a professional and retain the documentation, which is something of value.
OK.

Yes a USCG document might have value, especially for the next buyer who would like the comfort of a continuous ownership trail to check maritime liens.
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Old 29-01-2015, 17:01   #33
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Re: Purchasing a Documented Boat?

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You are correct in the approx $150 for the abstract and the documentation. Extra for a FPSM.

The link is only for the abstract. The forms are something else but, yes, they are also the same forms.

Why would someone pay a professional if they weren't required to? These are not always easy and often people don't have the patience or desire. There are lots of scenarios but mostly for convenience I would say.

I'm not advocating either way just trying to factually answer the original question based on actual experience and knowledge.
Your information is very helpful.
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Old 29-01-2015, 17:58   #34
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Re: Purchasing a Documented Boat?

Documentation cost us nowhere near 500 through Atlantic Boat Documentation. I recall less than 200 but can't find the record now. As I dealt with the CG later, I learned that DIY is possible & easy if you have clean bill of sale & notarized paperwork, especially on a previously documented vessel.

Also, I agree, never use the seller's services. serious conflict of interest possible. We made the mistake of using the seller's surveyor & recommended take-out & haul yard.
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Old 29-01-2015, 18:18   #35
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Re: Purchasing a Documented Boat?

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Use a document specialist. Not the sellers wife. They are cheap and they deal with all the faffing about. Make sure they work for you and not the seller.
(SNIP)
SO I was skimming pretty quickly and I thought at first glance you were saying the seller's wife was cheap
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Old 29-01-2015, 18:38   #36
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Re: Purchasing a Documented Boat?

Lot of good responses here, and some... well, others. Boiled down to:


1. If already documented use one page Coast Guard Form CG-1340 notarized and filed. Done. Go sailing, carry a copy with you, don't worry about the wait time.


2. State registration. Don't do it if you don't have to.

3. Get the Title Search yourself for 25 buck off the National Maritime Center website.


4. If not documented you can do it yourself, easy. If foreign built, a little harder, If foreign built and you want to use it commercially, definitely harder but not much, depends on the area.


5. Try to get a Builder's Certificate. Not necessary but ask for one.

Good Luck
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Old 29-01-2015, 22:09   #37
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Re: Purchasing a Documented Boat?

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SO I was skimming pretty quickly and I thought at first glance you were saying the seller's wife was cheap
Oops grammatical fopar.

Sent from my SM-N900T using Cruisers Sailing Forum mobile app
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Old 30-01-2015, 08:32   #38
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Re: Purchasing a Documented Boat?

We paid $100.00 for documentation
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Old 30-01-2015, 08:33   #39
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Re: Purchasing a Documented Boat?

Easy process go to official website online
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