Boating is a fun activity that many people enjoy, and owning a boat is a dream for many. However, purchasing a boat is not just about getting on the water and cruising around. There are several legal requirements that come with owning a boat, and one of them is vessel documentation. As a boat owner in the USA, you need to understand the importance of vessel documentation, whether you own a commercial or recreational vessel. In this blog post, we’ll explore why vessel documentation is critical for every boat owner.
Legal Requirements
All boats that are over five net tons need to be documented with the United States Coast Guard (USCG). If you are a boat owner, that means you need to register your boat with the USCG. This registration provides your vessel with a unique identification number that is valid for the life of the boat. It’s a legal requirement that you must adhere to as a boat owner in the USA.
Proof of Ownership
Vessel documentation is essential because it provides proof of ownership. In the event of a dispute or legal issue, you need to show that you are the owner of the boat. The USCG documentation is a legal document that proves that you own your vessel. If you don’t have documentation, it can be difficult to prove ownership, and you could lose your boat in a legal dispute.
International Waters
If you are planning to go on a cruise out of the USA, you need to have vessel documentation. Once outside of US waters, foreign authorities will require documentation for entry, clearance, and other operations. Having your boat documented can also help reduce the hassle and bureaucracy of customs and immigration clearance formalities when you enter or leave foreign countries outside the USA.
Increased Resale Value
Vessel documentation can also increase the resale value of your boat. When buyers are looking for boats to purchase, a documented vessel is more attractive because it shows that the vessel has gone through an official registration process and has a legitimate owner. Documentation is proof that the boat is not stolen or encumbered by any other claims or liens.
Safety
Most importantly, vessel documentation helps with safe boating practices. If you have documentation, you are more likely to have access to safety alerts from the USCG. These alerts are crucial to ensuring the safety of your boat during hazardous weather and other emergencies.
Vessel Documentation is Important
In conclusion, vessel documentation is incredibly important for every boat owner. It is a legal requirement that provides proof of ownership, increases the resale value of your boat, helps with international travel, and ensures safe boating practices. As a boat owner, you want to enjoy your time on the water, peacefully and safely. Therefore, the first step in achieving that is to get your vessel documented. If you are a boat owner and have not yet documented your vessel, make sure to prioritize it in your to-do list. Browse through our site to see all the forms available.
