Boating is a wonderful leisure activity that everyone should be able to enjoy. In truth, though, boats are expensive to both buy and maintain. For this reason, it is not unusual for individuals to purchase previously owned boats. In Canada, there is a fairly robust secondhand boat market, and for savvy individuals, there are certainly…
In the event of a vessel being registered with Transport Canada, it is compulsory that said vessel have what is known as an authorized representative. If you happen to be the sole owner, this can be yourself; if the vessel is owned by multiple parties, someone will need to be selected as the authorized representative.…
If you’ve asked the question, “How A Boat Ownership Transfer Works?” you’re not alone. This question pops up from time to time. The simplest way is to go online and complete the transfer here on the National Vessel Registry Center site. We’ll get you through the steps with virtual ease. How A Boat Ownership Transfer…
Buying or selling a boat is not unlike buying or selling a car. Once a price has been negotiated, and the transaction is ready to take place, there will be a certain amount of paperwork that needs to be completed. In the case of a transaction involving a boat that’s registered with Transport Canada, a…
If you’re planning to buy a new boat, nothing is cut-and-dried. You need to know what Canadian vessel registry paperwork to provide. Transport Canada requires new boat owners to follow a specific process when they’re buying a boat. The following information will help you sort out the details to streamline the buying process. Canadian Vessel…
If you’ve recently purchased a boat, and you’re considering first-time registration with Transport Canada, there are a few things you’ll need to provide. Firstly, you’ll have to completely fill out an application and provide a certificate of qualification. You’ll also need to submit a Form 2 – Builder’s Certificate for First Title, which proves that your…
If you are an avid boater, you may be known among your friends and family for having a carefree attitude. Being out on the water, cruising among the waves at your leisure, you may receive special enjoyment from being away from the rules of land. Sometimes, however, accidents can happen, and maybe your boat registration…
If you’re having a vessel built, and the financing for this project is coming from an outside lender via a builder’s mortgage, there will be documentation that will need to be submitted to the Canadian Registry of Vessels. The Form 16 – Builder’s Mortgage will ask for information regarding all mortgagors and mortgagees as they…
Have you recently purchased a previously owned boat? While you are likely excited about your investment and the leisure opportunities it will afford you, you may also be interested in making it your own. Maybe you are planning to give it a new paint job, or add some other decorative elements to tailor it more…
In the event of a transmission of ownership for a registered vessel, in instances of death, bankruptcy, or other lawful means, Transport Canada does require that they be notified with official documentation. Using what is called a Form 8 -Declaration of Transmission, which is a form that clearly delineates a change in vessel ownership, you…