Join Date: Sep 2007
Location: Pasadena Md - Magothy side
Thanked 31 Times in 31 Posts
Rep Power: 12
Re: Hauled Out & Marina Closes, What Happens?
Boats are titled and registered just like cars, a parking lot owner going bankrupt does NOT mean the bank now owns the cars in the lot.
The difference is car's can be driven off the lot - Gary's story of renting a crane may apply.
Lessons learned are opportunities earned.