What is " USCG Documentated Vessel" mean?
Posted: Fri May 05, 2017 8:59 pm
I just wanted to add to this new forum that just opened up even if we all may know the answer to this question. Howdy! So for those who don't know.
Found this online.
US Coast Guard Documentation provides evidence of nationality for a vessel. This procedure is only available to U.S. citizens on vessels that have a hull volume capacity of 5 net tons or greater. Most vessels over 25 feet qualify. Each documented vessel is assigned an official number which must be permanently affixed to the inside of the hull. The official number will remain with the vessel indefinitely, even if the vessel is removed from USCG Documentation and registered in another manner. Once documented, a vessel then falls under Federal jurisdiction for recovery and prosecution, which acts as a theft deterrent.
The owner of a USCG Documented vessel is issued a Coast Guard Documentation. This is the official ownership instrument for the vessel and contains the owners name(s), vessel specifications and the Official Number assigned to the vessel.
On a documented vessel you can obtain information on the chain of ownership as well as any instruments recorded against the vessel, including but not limited to; bills of sale, mortgages, claims of lien and lien releases. This information is issued in the form of an abstract of title and verification of the information contained in the abstract ensures valid ownership and proper transfer of title. This information is critical to both the buyers and sellers of a vessel.
Mike
Found this online.
US Coast Guard Documentation provides evidence of nationality for a vessel. This procedure is only available to U.S. citizens on vessels that have a hull volume capacity of 5 net tons or greater. Most vessels over 25 feet qualify. Each documented vessel is assigned an official number which must be permanently affixed to the inside of the hull. The official number will remain with the vessel indefinitely, even if the vessel is removed from USCG Documentation and registered in another manner. Once documented, a vessel then falls under Federal jurisdiction for recovery and prosecution, which acts as a theft deterrent.
The owner of a USCG Documented vessel is issued a Coast Guard Documentation. This is the official ownership instrument for the vessel and contains the owners name(s), vessel specifications and the Official Number assigned to the vessel.
On a documented vessel you can obtain information on the chain of ownership as well as any instruments recorded against the vessel, including but not limited to; bills of sale, mortgages, claims of lien and lien releases. This information is issued in the form of an abstract of title and verification of the information contained in the abstract ensures valid ownership and proper transfer of title. This information is critical to both the buyers and sellers of a vessel.
Mike
