CG Documentation forms to transfer/file lien
12-16-2019 | 04:16 PM
#1
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Joined: Jun 2006
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From: Seaford, VA
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?
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?
12-16-2019 | 04:46 PM
#2
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Joined: May 2012
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From: Midwest & T-Rock
Contact mvd services she's at LOTO and has posted on here before
Barbara Newlun
marinevesseldocservice.com
[email protected]
573-342-3400
Barbara Newlun
marinevesseldocservice.com
[email protected]
573-342-3400
12-17-2019 | 10:34 AM
#5
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Joined: Jun 2006
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From: Seaford, VA
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.
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.
12-17-2019 | 12:08 PM
#6
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From: Traverse City, Michigan
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.
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
