All vessels built or offered for sale in Canada must have a Hull Serial Number as per small vessel regulations. These numbers are not only for vessel identification but indicate model standards and are used in the event of manufacturer’s defect recall. When buying a used boat, determining its true age is crucial to a…
Whether you have a small boat or an expensive luxury yacht, when the time comes for you to sell your vessel, you need to know that you are doing everything correctly. That way, there are no problems or hassles when it comes time to close the deal. The last thing you want are mistakes that…
Deciding that now is the right time for you to sell your boat or turn ownership over to a family member may not always be an easy choice. Still, there are definitely a few good reasons for you to do so. Whether you are looking to buy a new boat or you just think the…
Under the Canada Shipping Act, 2001 all waterborne craft that use Canadian waters should be registered and licensed. The same rules apply as when buying a new build. The only difference is that as a second-hand vessel, your craft comes with a history and documentation. Mainly, it is just a question of transferring the title…
When you want to sell a boat, you need to be fully prepared to submit lots of paperwork to make certain that the vessel is no longer in your name. Whether you are trading your boat for another, larger one, or want to move on to a completely different commercial interest, you will have to…
When you have recently purchased a boat you’re excited to get out on the water. You are probably more concerned about spending a day fishing in the sun than worrying about forms and legal steps. However, if you purchased your boat from another owner you may ask “how to change the name of your boat?”.…
There comes a time for every vessel owner to sell his yacht or boat. The reasons can be various – from financial needs to purchasing a new one. To be able to sell your vessel for the right price, you need to know the rules of the market. In this article, we will provide all…
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…
Purchasing a boat, either for personal or commercial reasons, is a significant move and investment for you. You likely have spent a lot of time looking for just the right investment. After you found the boat that you want, you want to work through the transaction as easily as possible. And o course, you want…
Modifying the name of your boat could bring bad luck, or so they say. But in reality, complications could arise. That said, renaming it should not be done lightly. The overall process can be stressful, lengthy, and time-consuming. If you do not have the time or want to avoid the added stress that comes along…