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Old 30-09-2020, 14:21   #1
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Releasing Lien on documenteed Vessel

Does anyone have any experience in releasing preferred marine mortgage on their documented vessel? I recently decided to payoff my mortgage and wanted it recorded by the USCG. In searching on line I found a USCG site with instructions and format for submission of release documents. There was no mention of a fee. I then found another site with USCG logo that had an online format and a submission fee of $145. Is the USCG charging a fee to record the release or did I stumble onto a third party service that is charging a fee for what looks like a simple process?
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Old 30-09-2020, 14:24   #2
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Re: Releasing Lien on documenteed Vessel

There are a number of companies that make websites that look very official that are NOT the coast guard. Most of them do what you could do yourself and charge a fee, sometimes a few hundred, for the service.

The real USCG website will end in .mil This is the link to the real documentation site. https://www.dco.uscg.mil/Our-Organiz...tation-Center/
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Old 30-09-2020, 14:45   #3
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Re: Releasing Lien on documenteed Vessel

Quote:
Originally Posted by Colonel Bob View Post
... There was no mention of a fee. ...
The NVDC website as posted, and the instructions you found there...

Quote:
Instructions:
1) Submit an original or a copy. A copy of the instrument will be returned. Originals will NOT be returned.
2) There is no fee for recording a Satisfaction of Release Instrument.
3) Documents may be mailed or faxed to the NVDC using the information above, or sent via e-mail to: NVDC.PDF.FILING@uscg.mil
https://www.dco.uscg.mil/Portals/9/D...-28-130935-320

https://www.dco.uscg.mil/Portals/9/D...-01-144715-483
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