The Free Boating Encyclopedia


Participate TranslateAbout

--- WikiTags ---



The nation's premier boat history report with a full compliment of title search resources. Includes eight maritime databases all rolled into one convenient interface. A must-have service for any prospective buyer, marine lender, or maritime professional.

Visit Now


Owner Background Search

Court Records - Criminal Records
Assets - Properties
Personal Details

Know your seller!

Sponsored by


Legal Owner WikiTagsWikiShare

BoatWiki - Definitions


A "legal owner", in terms of state level boat titling, is a party or the parties with an unencumbered ownership equity. In scenarios where the boat has been granted as collateral for a loan, the lender then becomes the "legal owner" with the debtor shown as a "registered owner". When the loan has been paid-off, a title is re-issued without such designation. There are also situations where this type of arrangement applies to a lease arrangement.


Not all states employ this type of listing. In some jurisdictions, the lender will simply be shown as a "secured party". The legal owner concept does not apply to USGG vessel documentation as mortgages are recorded in order to secure a lender's interest.


In a legal and registered ownership arrangement, the burden of liability for the boat's operation typically falls upon the registered owner.


Parties that are confused about the relationship between a legal and registered owner should consult with a qualified attorney and tax professional.

Credits and References

2/28/2022 - Page initiated by Team BoatWiki.


BoatUS Towing

---  Float Your BoatWiki ---

Learn about the role you can play
in supporting the internet's most reliable
source of boating information.

---  WikiAlerts ---

Stay informed about urgent matters of
boater fraud and the latest changes in
 boat registration or safety regulations.



BoatUS Member

A Division of Maritime Partners, LLC
State of Washington  USA
© Copyright 1998 - 2022 All rights reserved.