Poach
Senior Member
- Joined
- Aug 5, 2013
- Messages
- 234
- Location
- United States
- Vessel Name
- Poach
- Vessel Make
- Sabreline Trawler
OK, so what are the advantages to the recreational boater of USCG documentation vs. State registration?
Lenders like it because it makes their Preferred Marine Mortgage easier to enforce under federal law than a chattle mortgage from state to state. It makes it somewhat easier when going to foreign countries.