How to Read and Understand Hull Registration Numbers

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…

Use a Bill of Sale Template in Canada When Selling Your Boat

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…

Buying a Second-Hand Boat in Canada: What You Need to Know

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…