
07-01-2010
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Telstar 28
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Join Date: Mar 2006
Location: New England
Posts: 43,315
Rep Power: 11
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It is a big problem. One possible solution is if he has the bill of sale from when he bought the boat and the previous owner's title or registration. Without that, you're pretty much in a grey area and the chances that the boat is stolen or a salvage boat with possibly serious structural issues is pretty high.
This was a pretty common problem just after Katrina and the other hurricanes trashed the south... and the insurance companies actually setup a website to help track boats that were declared as total losses to help prevent people from selling them without fully disclosing what they were.
Quote:
Originally Posted by Sailmachine
Lets say you were buying a boat in NC. The seller never registered the boat thus has no title. A bill of sale is all that is needed to register a boat in nc but that only proves that sale occurred between the seller and new buyer. It does not prove where the seller got the boat. or that the seller even owns the boat. Any thoughts?
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__________________
Sailingdog
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Telstar 28
New England
You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.
—Cpt. Mal Reynolds, Serenity (edited)
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