Transfer of Boat Ownership. HELP!
Transfer of Boat Ownership. HELP!
OK, I've made the head first dive in for owning a boat...offer made and accepted...
What kind of paper work do I get? Private sale.
Just paper on trailer? Or should there also be a licence for the boat to transfer.
I have been calling the local Licence Bureau all day, no answer.
HELP!
What kind of paper work do I get? Private sale.
Just paper on trailer? Or should there also be a licence for the boat to transfer.
I have been calling the local Licence Bureau all day, no answer.
HELP!
- BassAngler68
- Participant
- Posts: 29
- Joined: Mon May 10, 2004 8:54 am
- Location: Munster, Ontario
Any boat with a motor over 9.9 hp should have a vessel registration. It has a spot on the back for transfer similar to a motor vehicle ownership. You need to take that and your bill of sale to Canada Customs. There is no charge for the transfer.
Trailer is done at the licence bureau. You will need ownership and bill of sale.
I would recommend separate bills or itemizing the values (boat, motor, trailer).
Hope this helps.
Trailer is done at the licence bureau. You will need ownership and bill of sale.
I would recommend separate bills or itemizing the values (boat, motor, trailer).
Hope this helps.
- M.T. Livewell
- Diamond Participant
- Posts: 2891
- Joined: Mon Mar 03, 2003 3:05 pm
- Location: Rockland
You should get 1 a receipt.
Have the receipt broken into X dollars for the boat, Y dollars for the trailer.
You should get 2 an ownership/ registration for the boat, it should have the current numbers which are on the boat now. Those number made need to change if you are moving through the province.
Receipt + ownership to Canada Customs and Revenue to pay any taxes.
You should get 3 trailer registration.
Receipt + trailer registration (like you would have for a car), to Ministry of Transportation.
Don't pay the ferryman till he gets you those 3 documents, or you'll end up doing a Ransome and chasing your tail to get the docs straightened out.
Now, give us more info on the pending purchase.
M.T. Livewell
Have the receipt broken into X dollars for the boat, Y dollars for the trailer.
You should get 2 an ownership/ registration for the boat, it should have the current numbers which are on the boat now. Those number made need to change if you are moving through the province.
Receipt + ownership to Canada Customs and Revenue to pay any taxes.
You should get 3 trailer registration.
Receipt + trailer registration (like you would have for a car), to Ministry of Transportation.
Don't pay the ferryman till he gets you those 3 documents, or you'll end up doing a Ransome and chasing your tail to get the docs straightened out.
Now, give us more info on the pending purchase.
M.T. Livewell
OK, ok... Here's my new girl...
2001 Sylvan 1500 Explorer SC, 25Hp Johnson.
I hope this is not a Jinx.
Deposit paid, hoping to get the keys this week, when I get the rest of this stuff you guys have mentioned.
BTS, thanks for your offer to use your boat at Westmeath, I know hope it is not necessary.
2001 Sylvan 1500 Explorer SC, 25Hp Johnson.
I hope this is not a Jinx.
Deposit paid, hoping to get the keys this week, when I get the rest of this stuff you guys have mentioned.
BTS, thanks for your offer to use your boat at Westmeath, I know hope it is not necessary.
Last edited by Steve G on Mon Apr 18, 2005 4:13 pm, edited 1 time in total.
My experience so far.
--Get ownership for trailer signed over to you
--Get ownership for boat signed over to you
--Get a bill of sale
Without all 3 of these you will run into head aches, or heart aches really.
I went to the licence office first and was taxed at time of getting my plates for the trailer based upon the value on the bill of sale.
I have not registered the boat yet so I cannot provide comments on that, but getting the plates was quite painless.
--Get ownership for trailer signed over to you
--Get ownership for boat signed over to you
--Get a bill of sale
Without all 3 of these you will run into head aches, or heart aches really.
I went to the licence office first and was taxed at time of getting my plates for the trailer based upon the value on the bill of sale.
I have not registered the boat yet so I cannot provide comments on that, but getting the plates was quite painless.
- M.T. Livewell
- Diamond Participant
- Posts: 2891
- Joined: Mon Mar 03, 2003 3:05 pm
- Location: Rockland
new boat
Beauty boat:
As M.T. says lien search is important.
If your'e financing through bank, they can do it.
If your'e paying cash, do a courthouse search.
Not sure if liens show up when you change ownership as in car.
The seller should be forthcoming and tell you, but you can't depend on that. If there is a lien, get a release from the particular bank which was financing for seller.......or don't buy it. You buy from a dealer, your'e in the clear, as in used car buying.
Good luck and good fishing.
Jigs.
As M.T. says lien search is important.
If your'e financing through bank, they can do it.
If your'e paying cash, do a courthouse search.
Not sure if liens show up when you change ownership as in car.
The seller should be forthcoming and tell you, but you can't depend on that. If there is a lien, get a release from the particular bank which was financing for seller.......or don't buy it. You buy from a dealer, your'e in the clear, as in used car buying.
Good luck and good fishing.
Jigs.
- gorfman007
- Silver Participant
- Posts: 624
- Joined: Mon Mar 03, 2003 10:40 am
- Location: Ottawa and Bob's Lake
Thanks everyone for the comments, and pointers.
I have informed him(the owner) that he can get a copy of his Boat Ownership, from Canada Customs to do the transfer, what their hours are and where in Hamilton they are....
To separate the costs of the boat/motor from the trailer and to have his licence for the trailer.
Now to do a lein search....how do you do a court house search?
All this may delay the transfer, but better safe than sorry.
Thanks again.
I have informed him(the owner) that he can get a copy of his Boat Ownership, from Canada Customs to do the transfer, what their hours are and where in Hamilton they are....
To separate the costs of the boat/motor from the trailer and to have his licence for the trailer.
Now to do a lein search....how do you do a court house search?
All this may delay the transfer, but better safe than sorry.
Thanks again.