Titling a boat and motor
Is it hard to get a title for your boat and motor? My credit union told me that it is a new thing for all 3 boat motor and trailer to have a title for financing a boat purchase from a private seller. Or you need the original invoice from when the boat was purchased from the store. They said it has become a problem that people couldnt technically prove ownership of a boat or motor. Anybody know about this stuff?
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I bought one from a guy in TX and had title on all three, call lawdf and ask them about it or a private title company like Tibs Title
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It is a pain
Trust me Took us six months to get it for a boat out of Florida |
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Huge pain, took me almost 3 months until I got my title. Good luck!
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Is the pain getting the paper work done or is just having to wait so long?
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I printed the form off ldwf and it was just one page. Stupid that it is required now for financing a boat.
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Don't know your situation but if this is all being done for a boat loan check into personal or signature loan, I did this on my bass boat and the interest wasn't much more and it made things go way smoother since the boat, trailer and motor went into my name instead of having the lender involved and them holding title.... once you get it all in your name if you find something like CSE was doing 1.9% you can then go talk to them about refinancing it.
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You may want to also ask if this is really required if you are buying the boat from someone in LA, I was told that the only time you were required to go through all that is on new boat or buying out of state.... just a thought
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I have had several boats in my day, the only titled item was the boat trailer, you got the vin number off the boat and boat numbers and registered it with the LDWF, only had to change title on trailer through the DMV. This is now not the case?????? I have never seen a title for a boat and motor, wasssssssup?
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Seems like you should have to title all 3 on new boats, motors and trailers sold after the new law went into effect. How would you even get a title on a used boat, motor prior to the new law?
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I agree, something just isn't making sense to me. I understand big brother wanting his cut, but none of this triple tile crap should apply to used boats before the apparent new law, it should be new boats sold from date of law, imo. I guess you have to hire a damn lawyer to figure it out. LOL
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They said the problem is proving ownership of a boat and motor when selling. Weedeater I am assuming you paid cash?
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The numbers on the used boat (port and starboard side) have the name rank and serial number of the person registered with the LDWF plus a current registration sticker, the boat ownership can be easily traced, phuk it i'm done, pisses me off.
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