F.A.Q.

You Can Renew It 45 Days in Advance

That’s when Transport Canada will let you know that your documentation is set to expire. Canadian vessel documentation is valid for five years. You can renew your documentation through our site.

The short answer is yes, if used for one of the commercial purposes outlined above, as well as other eligible ones, your vessel must have official documentation for a Canadian vessel with Transport Canada documentation. However, if you have a recreational vessel, then it doesn’t necessarily need to be registered. Instead, you can get a pleasure craft licence, which is a different process altogether. The forms for either process can be found here on our website.

Importing a vessel is always a big task, which is why you want to have the proper guidance throughout. The best thing to keep in mind when planning how to import a boat into Canada is that you can always hire a broker. After all, they have the right experience in order to properly carry out the process and are more than familiar with what importing the vessel will be like. However, you can also try to do it yourself, so let’s take a closer look at what you should keep in mind.
How to Import a Boat Into Canada
Remember that it will be up to you to check the boat for any liens that may be placed on the vessel, such as, for example, loans and unpaid repairs. It’s always a good idea to check for these yourself even if the seller claims that the ownership is clear of them. Also worth noting is that if the boat comes with a trailer, the trailer will need to have a valid VIN, so call the Canadian Registrar of Imported Vehicles to find out if the VIN is valid before purchasing the vessel.
Safely Making the Purchase
Now, once you’ve made sure that you indeed want to get the boat in question, it will be a good time to arrange for a professional boat survey in order to make sure that the hull and the motor are in good shape before making a formal offer. You want to make sure that you can negotiate a fair price on the boat, which is why you want to avoid any potential surprises after the fact. It’s also good to avoid going with surveys that are recommended by the seller, finding your own instead. Don’t sign an agreement of purchase until you have checked everything and are confidently ready to buy the boat. And, regardless of the payment method, make paper copies of all the transactions involved.
Carrying Out the Import
After the purchase has been completed, it will be time to arrange for the insurance. There are going to be cases in which your tow vehicle’s insurance can be extended to cover a boat or trailer when transporting them back to Canada. At the border, do not stop at United States Customs. Instead, stop at Canada Customs and declare that you are importing the boat, including the value and selling price of the boat. This will be the last step in the process of how to import a vessel into Canada. Remember to tell the truth when customs officials ask you questions, but also remember that there’s no need for you to give out details they don’t ask you for.
Register Your Boat in Canada
Great, you’ve figured out how to import a vessel into Canada, now you will have to register it with the corresponding authorities. This is why we make it so you can conveniently fill out and submit every relevant form through our website directly to Transport Canada. If you have any questions about what the process you’re taking care of entails, don’t hesitate to reach out to us. 

Boat registration numbers, also known as hull identification numbers or HINs, are a unique series of letters and numbers assigned to boats for identification purposes. In Canada, boat registration numbers are required for all boats with a motor, regardless of the size or type of boat. In this blog post, we will explore what boat registration numbers are and why they are important. We will also discuss how to get boat numbers in Canada and how the National Vessel Registry Center can help streamline the process.
What Are Boat Registration Numbers For? 
Boat registration numbers serve several important purposes. Firstly, they allow authorities to identify and track boats for safety and regulatory purposes. This is especially important in cases of accidents or emergencies, as it enables authorities to quickly locate and identify the boat involved. Secondly, boat registration numbers help prevent theft and fraud. By requiring boats to display unique identification numbers, it becomes more difficult for thieves to sell stolen boats or parts. Finally, boat registration numbers help enforce boating laws and regulations, such as speed limits and no-wake zones.
How Can I Obtain My Boat Registration Number?
To obtain a boat registration number in Canada, boat owners must first register their boat with Transport Canada. This involves filling out several forms and providing documentation such as proof of ownership and proof of insurance. 

The next step is to hand in an application that is in its entirety to the boating registration office in your state. It is necessary to provide specifics such as the name of the ship, its length, as well as the names of the captain and crew members. In addition, some states require you to include supporting documentation with your application, such as evidence that you are the owner of the boat or proof that you have insurance. This is where things start to get unclear: The requirements for registering a boat in a state can vary greatly.

Once the boat is registered, the owner will be issued a unique registration number and a set of decals displaying the number. The registration number must be displayed on both sides of the boat's bow in block letters that are at least 7.5 cm (3 inches) high and in a contrasting color to the boat's hull.
An Easier Approach To a Registration Number
While obtaining a boat registration number in Canada is a relatively straightforward process, it can be time-consuming and confusing for those unfamiliar with the process. This is where the National Vessel Registry Center can be a valuable resource. As a private online service, the National Vessel Registry Center offers a streamlined and user-friendly platform for obtaining boat registration numbers and other boating permits. By providing a simple online form and personalized support, the National Vessel Registry Center can help boat owners navigate the registration process quickly and easily.

In some states, prior to submitting an application for a registration number, you are required to have the information you provide notarized so that a public notary can attest to its accuracy. If, on the other hand, you are just an average person who wants to get a boat license so that you can go boating on the river or the lake, you will find all of the information that you require right here. Your sole duty is to ensure that the vessel you are sailing in is equipped with all of the necessary safety gear. 
Additional Benefits
There are several benefits to using the National Vessel Registry Center for obtaining a boat registration number or other boating permits. Firstly, the online platform allows boat owners to complete the registration process from the comfort of their own homes, without the need for in-person visits or paperwork. Secondly, the personalized support offered by the National Vessel Registry Center can help ensure that the registration process goes smoothly and any issues are quickly resolved. Finally, the National Vessel Registry Center offers a fast and efficient service, with most registrations processed within 24 hours.

In addition to providing assistance with boat registration numbers, the National Vessel Registry Center can also help with other important boating permits and certifications. These include pleasure craft operator cards, commercial vessel licenses, and radio licenses. By centralizing all of these services in one place, the National Vessel Registry Center makes it easier for boat owners to ensure that they are compliant with all necessary regulations and certifications.

Get Your Boat Registration Number Today
Boat registration numbers are a vital component of boating safety and regulation in Canada. By requiring boats to display unique identification numbers, authorities can more easily enforce boating laws and track boats in cases of accidents or emergencies. While obtaining a boat registration number can be a time-consuming and confusing process, the National Vessel Registry Center offers a simple and user-friendly platform for boat owners to obtain their registration number and other necessary boating permits. By using the National Vessel Registry Center, boat owners can ensure that they are compliant with all necessary regulations and enjoy a safe and stress-free boating experience. Contact the National Vessel Registry Center or more information about how to get a boat number and register your boat today.

Have you been looking for how to transfer a boat registration in Canada? Have you found an eligible buyer for your vessel and want to make sure that you’ve taken care of everything? The day that you sell your boat is a red-letter day indeed. However, if you haven’t completed all of the paperwork properly, you’re setting yourself up for more headaches down the road. That’s just one of the many reasons that folks use our site when they’re going to transfer their vessels. 
Transfer a Boat Registration in Canada at Our Site 
If your vessel is registered with Transport Canada, then you’ll be able to apply for the “Transfer of Ownership” form right here at our site. A few things to keep in mind: you can’t transfer a pleasure craft (with a pleasure craft license) through this method. Moreover, you need to make sure that all of the information is in order. Indeed, anyone “who provides false or misleading information commits an offense” against the law. We didn’t just write that ourselves, it comes from Section 37 of the Canada Shipping Act, 2001. So: if you have the info you need in front of you and/or memorized, you can use this form at our site. 


Transferring a Pleasure Craft License 
That said, we know that so many other vessel owners at our site use their vessels to have fun with family and friends. If you have a pleasure craft (with a pleasure craft license) you can also apply for the transfer forms you need at our site as well. In this circumstance, you’ll want to utilize our “pleasure craft license transfer form.” As with all of our other forms, you can access and complete them from literally anywhere, so long as you’re connected to the internet. 
Other Ways to Transfer 
Sometimes, transferring a vessel (and its registration) doesn't happen through a sale. When other circumstances occur, you can, again, find the forms you’ll need at our site. So, if the vessel owner passes away or declares bankruptcy,  you can use the “Transmission on Death/Bankruptcy” form at our site. Additionally, we know that not everyone has a vessel that’s large enough for “regular” registration but they still want to be able to transfer it. That’s why, at our site, you can find the form you’ll need for the successful transferring of a vessel on the “Small Vessel Registry” as well. 
Beyond Transferring 
Yes, transferring is one of the most common reasons that people use our site. Here, you can transfer just about any kind of vessel. That said, you can do so much more at our site than just transfer a vessel, too. You can also register your vessel, whether it’s for the Small Vessel Registry or otherwise. Additionally, you can find all of the forms that you could potentially need for the Pleasure Craft License, too. To see everything that we offer and how it can help you and your vessel, head to our site. 

If you have been wondering what it takes to create a bill of sale you can find instructions here. A bill of sale is a document that is used in the transfers of sale from a boat owner to its new buyer. It is an important document that serves the purpose of providing proof of the buyer's ownership. If the vessel in question is registered under the Canadian register of vessels or the Small Vessel Registry (Commercial) you may simply use the Form 6 Bill of Sale and fill in the applicable fields on this form. However, if your vessel is licenced under the Pleasure Craft Licence system you will have to create a Bill of Sale or find a template that contains all applicable information. Creating a proficient bill of sale involves answering a few questions like: what is the price of your boat? What model of the boat are you selling? Who is the person that is buying the boat? Who is the person that is selling the boat? You'll be providing a bill of sale to a licensing agency or to or the Canadian Coast Guard but it depends on which agency you boat is registered with.

 

One of the better ways to start when writing your bill of sale is with a template. You don't want to find that you have wasted time trying to type it all up on your own and see it riddled with mistakes. An alternative to this is looking online. The internet can provide examples of a bill of sale template which some are free for download. One requirement you should look for when searching for an appropriate bill of sale template is that it is compatible with your licensing agency of the Canadian Coast Guard. When filling out a Bill of Sale template you want to start with the basic relevant information. This includes the buyer's name and address, your name and address as the seller, the vessels information and both parties signatures. It should also include the most important information, the current date! During your time filling your bill of sale you want to include any identifiers of the boat like its type or model. You should also add the year, paint color, defining features and serial number. You can include any aftermarket features that did not come with your boat's original purchase as well such as new seats, a boat trailer, fishing equipment, and other things if they pertain to your sail.



The next step is to list complete registration information in the heading. You can find your registration information by taking a look at your title documents. When writing the price you are selling more make sure it is written clearly. It should have the total cost of the boat as well as any extra features that you have included (seats, fishing equipment, trailers). Keep in mind it's not a good idea to add all these numbers together as a today. Instead, clearly delineate what prices go with which items. You should have a breakdown that includes all the items separate from the boat you are selling. This can help by eliminating any confusion between yourself and the buyer and legally states things clearly.

 

The last steps you take can detail any optional "as-is" clauses. This can help to lay out any details about express warranties at the point of sale of your vessel. It can also state the condition you as selling in as "as-is" condition.  This is also a chance to include and guarantee information at the point of sale. It's an opportunity for you to state any modifications that the seller makes to the vessel as not your responsibility post-sale. When you have all of that information filled you want to leave space at the bottom of your document for signatures and any official notarization stamping.

All documentation registered in Canada has an expiration date. The pleasure craft licence is by no means an exemption. It’s important you know what to do before the time comes. You should check the expiration date on the license once in a while to be aware when the time limit is close at hand.

Transport Canada makes it mandatory for vessel owners to keep their documentation up to date. This is a way to keep track of boats that operate within the local maritime transport system and to check once in a while if the owners have valid licenses for their ships. It’s very important to comply with the authorities and to present your papers to the Coast Guard officers whenever they require them.


Basic Information You Should Know
A Pleasure Craft Licence is a document with a unique license number for a pleasure craft. The number serves as identification for the vessel and allows search and rescue personnel to access important information in an emergency. A vessel used for pleasure, recreation, or daily living is a pleasure craft. You must carry the Pleasure Craft Licence on board the vessel at all times, and display the number on both sides of your boat's bow.

A Pleasure Craft Licence that was issued or updated after 2010 is valid for 10 years. At the end of that period, you must renew your license. If you change your name, address, or particulars of the pleasure craft after you obtain a Pleasure Craft Licence, you must update it as well. An updated license proves your responsibility and helps to build consciousness for the community.
How To Renew Pleasure Craft Licence 
Although dealing with your ship’s documentation may sound like a hassle, it doesn’t have to be so. No longer do you have to spend hours looking for the right forms or taking your whole day off from work to do so.

Head to our website, where you can find the application form to get started. Look for the ‘Licence Forms’ tab on the upper side, and click on the option ‘Renew Pleasure Craft Licence’. Start by writing your license number and the date of expiration as it is shown on the license card.

State the particulars of the applicant. Provide your full name, check the authorization box, and draw your signature in the digital drawing box provided for it. Don’t worry if it’s not as precise as the one you write by hand. As long as it is similar enough, it should be good. Point out if the vessel is co-owned.

Next up comes the address details: street name, city, province, zip code, and country. It’s important to put down your contact details such as email and telephone number. The birth date is also required.

The second part of the form consists of the pleasure craft’s details and specifics. You can choose to change the prefix on the license number in case you need it, that’s to say if you have moved somewhere else. Point out the propulsion type, length, and the hull’s type, material, and colors. Write down the make and model as well.
Get Your License Renewed Today
Is your pleasure craft paperwork on the verge of expiration? Don’ wait any longer. Avoid fees and penalties from the authorities by using our SSL encrypted three-step process application portal to get your license renewed for 10 more years.

If you have any questions about license renewal, feel free to contact us at any time.

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 as hitting the water with your fishing pole and a picnic, it’s a vital part of being a responsible boat owner. For that reason, we’ve put together this guide that will help you through the process of selling your vessel. 


Do I Need a Lawyer if I’m Selling a Boat in Canada?
Even if you’re a seasoned boater and feel like you understand the selling process, it can make your life infinitely easier to work with a marine lawyer during the sale. It’s especially smart to hire a marine lawyer if this is the first time you are selling a boat. There are plenty of requirements that go along with the sale and you want to be sure you follow the steps correctly so the transaction is valid and legal. Instead of spending hours upon hours researching all the requirements, save yourself time, hassle and effort by hiring someone who is an expert at the process. 
What is a Marine Lawyer?
How does a marine lawyer differ from other types of lawyers? Put simply, he or she specializes in laws that relate to boating and being on the water. They should have a degree in maritime law to prove this knowledge and specialty. Hiring someone who knows all the details of boating law will serve you well if you’re selling a watercraft and aren’t sure what the process entails. A maritime lawyer can handle the following situations, in addition to helping you sell your boat:


Dealing with cargo that has been lost at sea
Facilitating relationships between seafarers and their crew
Leisure travel, such as on cruise ships
Navigation issues

Sometimes, boating can be unpredictable, so it’s a good idea to have an expert professional on your side, should anything out of the ordinary affect you or your boat. 
Why Hire a Marine Lawyer?
Clearly, having a maritime lawyer comes in handy when you decide to sell your boat, but having one on retainer at all times could be the right choice for any boaters in Canada. Here’s why:


They assist with boat collisions and accidents. 
They can help you work through incidents that occur on the dock.
They will deal with injuries and the legal repercussions that go with them. 
They are also trained to help you work through legal transactions, including buying and selling a vessel. 

Having a good marine lawyer on your side is particularly valuable when you are working on a sale transaction. Some of the duties they can take on for you include the following:


Contract negotiations
Lien investigation
Authenticate titles
Draft bills of sale

Would you like to know more about hiring a maritime lawyer or the boat sale process? We’re here to help. Contact the Canadian Vessel Registry today for the assistance you’re looking for with selling a boat in Canada. 

No, You Can Submit Them Online 

Our site was designed to make it possible for anyone to apply for the Transport Canada documentation of their choosing. 

Whether you want to apply for the general/”Large” vessel register, the Small Vessel Register, or for a pleasure craft licence, we have the form for you.

The Vessel’s Official Number 
With the vessel’s official number, you can find out more about a vessel. 

Specifically, through our site, you can apply for Historical Research into a given vessel. 

Vessels listed in the Large Vessel Register are identified by a six-digit registration number, preceded by "O.N.," which is marked on an easily visible internal structural section of the hull.

In contrast, vessels in the Small Vessel Register feature a registration number beginning with "C" (e.g., C12345BC) displayed on each side of the bow.

If the vessel was registered any time after the year 1984, the information will be pulled from the Ship Registration Computer System. If it was registered between the years of 1904 and 1984, the information will be pulled from microfilm and potentially other sources.

Use this following link to apply for transcript and historical research. 
Laws Boat Documentation, Transcript and Historical Research 
Whether you’re new to boating or an experienced vessel owner, the National Vessel Registry Center Corp. provides services for vessel registration and pleasure craft licensing. We also supply documentation for selling vessels, researching vessel details, and handling additional paperwork needs.

These laws might relate to you:

DIVISION 2

Foreign Vessels 24 M in Length or More

Application

14 This Division applies in respect of every foreign vessel in Canadian waters that is 24 m in length or more and is entitled to fly the flag of a state that is party to the 1969 Convention.

Calculation of Tonnage

15 (1) At the request of a state that is party to the 1969 Convention, the Minister may authorize a tonnage measurer to calculate, in accordance with Annex I of the 1969 Convention, the tonnage of a foreign vessel that flies the flag of that state.
(2) After the tonnage of a vessel is calculated in accordance with subsection (1), the Minister shall

(a) forward to the state a copy of the calculations of the tonnage; and
(b) issue an International Tonnage Certificate (1969) to the vessel in the form set out in Annex II of the 1969 Convention, if requested to do so by the state, and forward a copy of the certificate to the state.



DIVISION 3

Vessels Less than 24 M in Length, Except Foreign Vessels

Application

16 This Division applies in respect of the following vessels if they are less than 24 m in length:

(a) a vessel in respect of which an application for the initial registration or listing under Part 2 of the Act has been made;
(b) a Canadian vessel that is altered in such a way that the tonnage set out on its certificate of registry is changed by more than 5% when tonnage is calculated in accordance with the method that was used for calculating the tonnage set out on the certificate of registry; and
(c) a vessel in respect of which an application for the registration or listing under Part 2 of the Act has been made if the vessel had been registered or listed in Canada but no longer is when the application is made.

Calculation of Tonnage

17 (1) An applicant for the registration of a vessel and the authorized representative of a Canadian vessel shall ensure that the vessel’s tonnage is calculated in accordance with

(a) Part 3 of TP 13430; or
(b) directions of the Minister that adapt a calculation method set out in Part 3 of TP 13430 to that vessel, if the vessel has such novel construction features as to render its tonnage incalculable in accordance with Part 3 of TP 13430.


(2) An applicant for the listing of a vessel shall ensure that its tonnage is calculated in accordance with the method that was used to calculate its tonnage in the foreign state where the vessel’s registration is suspended in respect of the right to fly the flag of that state.

Election

18 (1) Despite section 17, an applicant for the registration of a vessel or the authorized representative of a Canadian vessel may elect to have the vessel’s tonnage calculated in accordance with subsection 11(1).
(2) Any election made under subsection (1) is binding on the applicant or authorized representative.
(3) This section does not apply in respect of pleasure craft.

DIVISION 4

Exempted Canadian Vessels

Application

19 This Division applies in respect of Canadian vessels that are exempted under section 1.1 or 1.2 from the registration requirement in subsection 46(1) of the Act and that are not registered.

SOR/2015-99, s. 5

 

Calculation of Tonnage

20 If it is necessary to determine the tonnage of a Canadian vessel for the purposes of any regulations made under the Act, the vessel’s authorized representative shall ensure that its tonnage is calculated in accordance with

(a) Division 1, if the vessel is 24 m in length or more; or
(b) Division 3, if the vessel is less than 24 m in length.


SOR/2015-99, s. 5

 

PART 3

Variation of the Act in Respect of Certain Government Vessels

Definition of Canadian Vessel

21 The definition Canadian vessel in section 2 of the Act is varied as follows:

Canadian vessel means

(a) a vessel that is registered or listed under Part 2 (Registration, Listing and Recording) or that is exempted under the regulations from the registration requirement in subsection 46(1); or
(b) a government vessel to which subsection 46(3) of the Act does not apply under section 1.3 of the Vessel Registration and Tonnage Regulations. (bâtiment Maintenance of Register

Marginal note:

Amendments

59 The Chief Registrar may amend the Register or a certificate of registry to give effect to changes of which the Chief Registrar has been notified under section 58 or to correct any clerical errors or obvious mistakes.

Suspension, Cancellation and Reinstatement of Registration

Marginal note:

Suspension and cancellation

60 (1) Subject to the regulations, the Chief Registrar may suspend or cancel the registration or listing of a Canadian vessel if

(a) it is not marked in accordance with subsection 57(1);
(b) its certificate of registry has expired;
(c) it does not have an authorized representative; or
(d) section 58 has not been complied with.


Marginal note:
Cancellation
(2) Subject to the regulations, the Chief Registrar must cancel the registration or listing of a Canadian vessel if

(a) it has been lost, wrecked or removed from service;
(b) it is no longer required or entitled to be registered or entitled to be listed under this Part; or
(c) in the case of a registered vessel, a tonnage certificate provided by a tonnage measurer indicates that the vessel should be re-registered.


Marginal note:
Notice before cancellation
(3) If a Canadian vessel is not required or entitled to be registered under this Part after its ownership changes, the Chief Registrar must, before canceling its registration under paragraph (2)(b), give the owners and registered mortgagees

(a) notice of the change in ownership; and
(b) an opportunity that, in the opinion of the Chief Registrar, is sufficient to transfer the vessel or shares in the vessel to a qualified person or to make an application under section 74.


Marginal note:
Cancellation of registration
(4) Except in the case of a vessel described in paragraph 47(c) (a vessel subject to a financing agreement), the Chief Registrar must cancel the registration of a vessel if a person who acquires the vessel or a share in it does not, within the prescribed period, provide evidence that satisfies the Chief Registrar that the vessel is required or entitled to be registered under this Part.

Marginal note:

Registration of mortgages not affected

61 The cancellation of the registration of a vessel does not affect the registration of mortgages in respect of the vessel.

Marginal note:

Reinstatement

62 The Chief Registrar may reinstate the registration or listing of a vessel if, in the Chief Registrar’s opinion, the registration or listing of the vessel should not have been canceled.

Custody of Certificates of Registry and Provisional Certificates

Marginal note:

Carrying on board

63 (1) Subject to subsection (3), no person shall operate a vessel in respect of which a certificate of registry or provisional certificate has been issued unless the certificate is on board.
Marginal note:
Delivery of certificate
(2) A person who is in possession of a vessel’s certificate of registry or provisional certificate shall deliver it to the person who is entitled to operate the vessel.
Marginal note:
Delivery of certificate
(3) A person who is in possession of a certificate of registry or a provisional certificate issued under this Part shall deliver it to the Chief Registrar on request.
Marginal note:
Detention of certificate
(4) A certificate of registry or provisional certificate is not subject to detention because of any title to, lien on, charge on or interest in the vessel that is claimed by an owner, a mortgagee, a charterer or an operator of the vessel, or by any other person.

Rights and Obligations

Marginal note:

Right to fly Canadian flag

64 (1) A Canadian vessel has the right to fly the Canadian flag.
Marginal note:
Obligation to fly flag
(2) The master of a Canadian vessel, other than one registered in the small vessel register, shall ensure that it flies the Canadian flag

(a) when signaled to do so by a government vessel or a vessel under the command of the Canadian Forces; or
(b) when entering or leaving, or while moored at or anchored in, a port.


Marginal note:
Exception
(3) The Chief Registrar may, on application, suspend the registration of a Canadian vessel in respect of the right to fly the Canadian flag while the vessel is shown on the registry of a foreign state as a bare-boat chartered vessel.

Mortgages

Marginal note:

Mortgage of vessel or share

65 (1) The owner of a vessel registered under this Part other than in the small vessel register, of a share in such a vessel or of a vessel recorded as being built in Canada may give the vessel or share, as the case may be, as security for a mortgage to be registered under this Part.
Marginal note:
Filing of mortgage
(2) A mortgage is to be filed with the Chief Registrar in the form and manner specified by the Chief Registrar.
Marginal note:
Date and time of registration
(3) A mortgage is to be registered in the order in which it is filed, indicating the date and time of registration.

Marginal note:

Entry of discharge of mortgage

66 On receipt of satisfactory evidence that a mortgage has been discharged, the Chief Registrar is to enter the discharge in the Register.

Marginal note:

Priority of mortgages

67 (1) If more than one mortgage is registered in respect of the same vessel or share in a vessel, a mortgage registered before another mortgage has priority over that other mortgage.
Marginal note:
Consent to change in priority
(2) The priority of mortgages may be changed if all of the mortgagees file their written consent with the Chief Registrar.

Marginal note:

Mortgagee not treated as owner

68 A mortgage of a vessel or a share in a vessel does not have the effect of the mortgagee becoming, or the mortgagor ceasing to be, the owner of the vessel, except to the extent necessary to make the vessel or share available as security under the mortgage.

Marginal note:

Mortgagee has power of sale

69 (1) A mortgagee of a vessel or a share in a vessel has the absolute power, subject to any limitation set out in the registered mortgage, to sell the vessel or the share.
Marginal note:
Restriction
(2) If there is more than one registered mortgage of the same vessel or share, a subsequent mortgagee may not, except under an order of the Federal Court or of a court of competent jurisdiction whose rules provide for in rem procedure in respect of vessels, sell the vessel or share without the agreement of every prior mortgagee.

Marginal note:

Mortgage not affected by bankruptcy

70 The mortgage of a vessel or a share in a vessel is not affected by the bankruptcy of the mortgagor after the date of the registration of the mortgage, and the mortgage is to be preferred to any right, claim or interest in the vessel or share of the other creditors of the bankrupt or any trustee or assignee on their behalf.

Marginal note:

Transfer of mortgages

71 (1) A registered mortgage of a vessel or a share in a vessel may be transferred to any person, in which case the instrument affecting the transfer must be filed in the form and manner specified by the Chief Registrar.
Marginal note:
Entry of particulars
(2) The Chief Registrar is to enter the particulars of the transfer in the Register.

Marginal note:

Transmission of interest of mortgagee

72 (1) If the interest of a mortgagee in a vessel or a share in a vessel is transmitted on death or bankruptcy, or by any lawful means other than by a transfer under section 71, the person to whom the interest is transmitted must file with the Chief Registrar the evidence of the transmission that the Chief Registrar specifies.
Marginal note:
Entry of particulars
(2) The Chief Registrar is to enter the particulars of the transmission in the Register.

Transfers of Vessels or Shares in Vessels

Marginal note:

Transfer

73 If the ownership of a Canadian vessel or a share in one changes and the vessel is still required or entitled to be registered under this Part,

(a) the owner must provide the Chief Registrar with the evidence, including declarations, that the Chief Registrar considers necessary to establish that the vessel is required or entitled to be so registered; and
(b) the Chief Registrar must amend the Register and the vessel’s certificate of registry to reflect the change.

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