Is it time to let your vessel go and you do not know where to start? Have you been looking at boats online and would like to know what are the next steps you should take? Don’t worry, we have got your back. This article will show you how to complete the transfer of ownership…
Unlike a road vehicle, a boat won’t necessarily depreciate in value as soon as it gets out on the water. Within 5 years, a boat’s value will decrease between 25 percent and 35 percent, as compared to a car, truck or SUV, which depreciates approximately 60 percent in that time frame. If you plan to…
You must have a solid understanding of the procedure for the transfer of vessel ownership if you are currently the vessel owner. This paper details the procedures that must be carried out to successfully execute a transfer and offers some advice that may be useful along the route. You can secure a seamless transition for…