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…
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.…