The hin search will tell you who holds the title for the boat. Often boatyards
end up with abandoned boats with no title. They either go the lien route
where they file a lien then send the owner a registered letter requesting resolution of the lien then can take legal ownership
(title) if lien is not resolved. Sometimes they sell boat as salvage
where original titleholder is still the actual owner if questions arise. The hin search will tell if the yard did their homework and who is the legal owner.