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Buying
since there are no titles for boats in some states when you buy a boat how can you be sure that the previous owner does not owe money to a bank and the boat is owned free and clear?
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Originally Posted by zzzzzz
(Post 3401423)
since there are no titles for boats in some states when you buy a boat how can you be sure that the previous owner does not owe money to a bank and the boat is owned free and clear?
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Justin, the mfg's might supply a CoO or a title, but there are many states that do not require a title to register a boat. Some of these will give the title back, some dont. In these states, the registration is the "title".
To the OP's point, I think they might mark liens on the regs... but I dont know for sure. |
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