Originally Posted by Stu Jackson
The owner wanted to "kick him off the boat" 'cuz he was essentially asking for the title before he finished his payments.
Peter's still right.
He still needs some sort of contract
and he did state contract/bill of sale
. Whether his wording is correct or not, I'll give the benefit of the doubt and he isn't asking for a final bill of sale
saying he owns the boat, but a contract
that lays out the terms that shows he will owe the boat. It should also include a lot more details, such as dealing with what happens if there's an issue on the boat causing a full loss..etc..
But the OP asking for a contract of some sort is not only reasonably but prudent and required for him to continue.