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CG Documentation forms to transfer/file lien
So - I'm documenting a boat I just purchased. He has signed and notarized the back of the CG Document (no liens).
I assume I can fill out form 1258 - Exchange of Documentation and submit with a copy of the signed CG Document Then, since I have a loan on the boat with USAA I can fill out form 5542 and note USAA as the new Lien Holder? Anyone done this recently? |
Contact mvd services she's at LOTO and has posted on here before
Barbara Newlun marinevesseldocservice.com [email protected] 573-342-3400 |
+1
Barb is great to work with and very thorough. |
Originally Posted by damdonzi
(Post 4718714)
+1
Barb is great to work with and very thorough. |
I cracked it - the people at the National Vessel Documentation Center are incredibly helpful.
You simply send in the Certificate of Documentation signed & notarized by the former owner and form CG -1258 noting an Exchange of Documentation to the new owner. In the absence of the signed Certificate of Documentation you can use CG-1340 (Bill of Sale). Interestingly, you do not have to have an up to date Certificate of Documentation - you can use an expired one as long as no change in ownership has occurred. |
Originally Posted by seafordguy
(Post 4718785)
I cracked it - the people at the National Vessel Documentation Center are incredibly helpful.
You simply send in the Certificate of Documentation signed & notarized by the former owner and form CG -1258 noting an Exchange of Documentation to the new owner. In the absence of the signed Certificate of Documentation you can use CG-1340 (Bill of Sale). Interestingly, you do not have to have an up to date Certificate of Documentation - you can use an expired one as long as no change in ownership has occurred. Exactly. I had let my Certificate of Documentation lapse for 12 years. When i sold the boat the USCG Documentation Center told me to use form CG-1340 and everything was good. Some of this documentation stuff is simple, call the USCG first and possibly save some money. ed |
Doc stuff is pretty simple
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