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What is Coast Guard documentation?

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What is Coast Guard documentation?

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Coast Guard Documentation is the process used to register your boat with the United States Coast Guard. This allows us to file a mortgage on your vessel giving the bank a more secure lien on a federal level. It also benefits the consumer by providing a more secure form of ownership and allowing travel into more US and International Waters.

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The National Vessel Documentation Center, an arm of the US Coast Guard, administers a national form of registration for vessels. Coast Guard Documentation establishes conclusive proof of nationality helpful in international situations; facilitates trade between states; and authorizes vessels to act in certain restricted trades, such as coastwise and fisheries.

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Coast Guard Documentation is a federal form of registration filed with the U. S. Coast Guard. It is voluntary; it is not required for pleasure boats. However, over the past thirty years the Coast Guard documentation of pleasure boats has grown largely because lenders want their boat loan secured with a preferred ship mortgage available only through documentation with the Coast Guard. Boat owners often choose to document since the USA does not have a uniform state title law, and some states do not title boats. And, documented boats do not display a registration number on the bow. Documented boats are assigned an “official number” by the Coast Guard that is marked inside the boat.

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Boat loans over $100,000 your boat must be registered with the U.S. Coast Guard. Coast Guard documentation is the process of registering a vessel with the United States Coast Guard so Gulfcoast Funding can file a First Preferred Ships Mortgage to record our lien on a federal level for our Marine lenders.

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– Coast Guard documentation is a national form of vessel registration which is administered by the U.S. Coast Guard’s National Vessel Documentation Center. It is one of the oldest functions of our Government, dating back to the 11th Act of the First Congress. Vessels that meet the required qualifications are issued a Certificate of Documentation which serves as evidence of ownership and entitles the vessel to engage in certain commercial activities. Although vessel documentation is optional for vessels that operate exclusively for recreational purposes, it is required for vessels that will engage in commercial activities within U.S. waters. Certificates of documentation for commercial vessels must be endorsed for the respective types of usage. ◄ Back / Resources Vessel Documentation Search Vessel Documentation Services Vessel Documentation Forms Why should I document my vessel? – Coast Guard documentation is not required for pleasure or recreational usage, which includes bareboat chart

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