In many different cases, you will find yourself filling out forms in relation to your vessel’s registration. While some of them will be to register the vessel in the first place once you acquire it, others will be to let go of it. This is when the process for a pleasure craft transfer of ownership…
What Does a Transfer of Canadian Registration Entail?
The registration of a vessel isn’t exactly tied to the owner, but rather to the boat itself. It is, after all, its documentation with Transport Canada. This means that, should the owner change, the registration will have to stay with the vessel. Hence, this is what the process for a transfer of Canadian registration will…
What Government Agency Processes Transfers of Ownership for Vessels?
Buying or selling a boat can be a complex, multi-step process. Should you find yourself in such a scenario, it is helpful to understand what government agency processes transfer of ownership for vessels. To ensure that your transaction goes smoothly, completing the right documentation and properly transferring ownership of the involved vessel is a must.…
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…
Pleasure Craft Transfer of Ownership: For Your License, for Your Life
Who hasn’t dreamt of getting a used pleasure craft, going out on the water, and then, well, doing anything that you want? This is, in many ways, a daydream that so many of us share. Time spent on a pleasure craft is better than time spent doing just about anything else. However, to make this…
Transfer Boat Ownership in Canada is Easier Than You Think
There are many different instances in which you will need to fill out forms in regards to your vessel’s standing. Some will be to register it in the first place, while others will be to somehow alter your registration. Today, we are talking about the one you will need to transfer boat ownership in Canada,…
Remember This When You’re Buying a Boat in Canada
So, you’re looking into buying a boat in Canada. This is obviously very exciting, and you probably can’t wait to be out there sailing in your soon-to-be new vessel. However, before you get to do that, you will have to consider a few things. Buying a Boat in Canada If only buying a boat was…
What Do You Need To Do For A Vessel Transfer Of Ownership?
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…
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…
What to Do about A Transfer Of Ownership
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…