ancora
Guru
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- Dec 16, 2007
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- 4,022
We paid off the loan on our boat in mid January and have yet to receive the pink. Who do we go to for the pink?
Paid off, now what?
- Thread starter ancora
- Start date
The friendliest place on the web for anyone who enjoys boating.
If you have answers, please help by responding to the unanswered posts.
If you have answers, please help by responding to the unanswered posts.
You ask the lender....
If the boat is documented you should have the ships mortgage released
You will want to keep a copy of the satisfaction letter
OldDan1943
Guru
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- Kinja
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- American Tug 34 #116 2008
Start saving up for a bigger boat??
Tom.B
Moderator Emeritus
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In NC, titles are on file at the Register of Deeds downtown. If it is a Coast Guard registered boat, there really isn’t one. (That is the way it was described to me) We just paid ours off too.
Documented boats are titled. You can run an Abstract of title. You will want to have the lien removed from your documented boat.
Comodave
Moderator Emeritus
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If the boat is documented then it takes a while for the CG to remove the loan from the documentation. Prepare to be patient...
yea but someone has to submit the paper work to them. lenders do not necessarily do that by default...
Comodave
Moderator Emeritus
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- Vessel Name
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- Formula 41PC
My lenders have submitted the paperwork in the last, I believe they are required to submit it.
