it seems my part for selling is easy... WHAT HAPPENS WHEN I SELL MY DOCUMENTED VESSEL?When the sale is finalized you may complete a U.S. Coast Guard Bill of Sale (CG-1340) or complete the “Sale or Transfer of Vessel” section on the reverse of the Certificate of Documentation (CG-1270). Documentation forms, fee schedules, and instructions are available for downloading on this web site. If there is an outstanding mortgage, the mortgagee ( lender) should complete a Satisfaction of Mortgage. The vessel cannot be removed from documentation with an outstanding mortgage. Just fill out the reverse side of the CG certificate!
---------- Original Message ---------- From: Bill Bina via CnC-List <cnc-list@cnc-list.com> To: "cnc-list@cnc-list.com" <cnc-list@cnc-list.com> Subject: Re: Stus-List CG Documentation and exchange of ownership in Massachuse tts Date: Thu, 30 Oct 2014 14:50:21 -0400 I strongly recommend that as a starting point, you read the entire FAQ before you begin. Guessing is a very risky strategy! :-) http://www.uscg.mil/hq/cg5/nvdc/nvdcfaq.asp Bill Bina On 10/30/2014 2:39 PM, Joel Aronson wrote:I think you just send in the bill of sale: Joel On Thu, Oct 30, 2014 at 2:36 PM, Joel Aronson <joel.aron...@gmail.com> wrote: Here is the link: http://www.uscg.mil/hq/cg5/nvdc/ Joel On Thu, Oct 30, 2014 at 2:31 PM, Bill Bina via CnC-List <cnc-list@cnc-list.com> wrote: You cannot document the vessel until you can provide proof that you have done all the legal stuff and taxes for Massachusetts first. Documentation is an entirely separate operation. In Connecticut, you do state registration and pay the taxes and fees for that before you start the process for documentation with the USCG. People twist themselves into knots over this stuff, but if you simply go one step at a time, and read the instructions, there is nothing mysterious or difficult about any of it. Bill Bina
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