One of the great things about boating in Canada is how inclusive it can be. The truth is, just about anyone can find something to enjoy about spending a day out on the water. Whether you have a passion for fishing, water sports, or just plain old sightseeing, having your own boat affords you the…
Don’t Forget Insurance When You Undertake Transport Canada Transfer of Ownership
When the helm of boat ownership changes hands through a Transport Canada transfer of ownership, the ripple effects extend beyond mere paperwork, notably impacting the vessel’s insurance coverage. This transition, whether precipitated by sale, gift, or inheritance, requires meticulous attention to ensure that all legal and regulatory bases are covered. The National Vessel Registry Center…
How Many Owners Can a Vessel Have?
A Registered Vessel Can Have Up to 5 Owners Registered vessels can have individual owners and up to five joint owners. Each registered vessel is divided into 64 shares. Fractional shares are not allowed. If you have a pleasure craft and want to have more than two people to share ownership, register it…
Here’s Everything You Need to Fill Out the Recreational Boat Transfer Form
Filing the Recreational Boat Transfer Form is going to be a key step in the process of transferring ownership of a pleasure craft here in Canada. Here’s how you can do that. Recreational Boat Transfer Form Recreational boats have a different documentation process than commercial ones for a variety of reasons. After all, they are…
File For a Commercial and Pleasure Watercraft Ownership Transfer in Ontario
When you’re selling a vessel that’s been documented in Canada, you will also need to part ways with said documentation. Here’s how you can file for a watercraft ownership transfer in Ontario. Watercraft Ownership Transfer in Ontario If you are looking to sell your watercraft, you will have to worry about the administrative and bureaucratic…
Do You Need a Marine Lawyer When Buying or Selling a Boat in Canada?
Selling a boat in Canada is not as simple as finding a buyer, taking the money and handing over the boat. Boating can be a truly enjoyable experience, but it pays to understand the paperwork and documentation requirements that go along with buying or selling a boat. While that may not be as much fun…
Learn How to Properly File Your Boat Transfer Papers With Transport Canada
If you’re looking to change ownership arrangements for your boat, you will need to file your boat transfer papers with Transport Canada. Here’s everything you need to know about filing these. Transport Canada Boat Transfer Papers If you are looking to sell your boat, you will have to take care of the whole administrative and…
BC Boat Transfer Ownership: Is It Necessary to Update the License Too?
Owning a boat in the province of British Columbia is not just a hobby. It is a lifestyle. The province has stunning coastlines, countless lakes, and rivers. This is one of the reasons many boating enthusiasts flock to the region. They wish to experience the thrill of navigating its pristine waters. Amidst the excitement of…
The Ins and Outs of Buying a Boat in Canada as a Gift
Buying a boat in Canada isn’t as easy as simply making the decision to do so. It’s not overly difficult, but there are some regulations and requirements you need to be aware of, particularly if you are purchasing a boat you plan to give as a gift. The same is true if you already own…
How to Process a Boat Ownership Transfer in Canada
Boat ownership transfer in Canada isn’t an overly difficult process but must be done properly to be valid and legal. If you are selling your boat, it’s vital to complete the documentation process in a timely manner, as ownership must be up to date anytime the boat is out on the water. The good news…