--- WikiTags ---

BoatScope

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

Criminal Records
Assets - Properties
Personal Details

Know your seller!

Boat Tax Lien

WikiTags WikiShare

BoatWiki - Definitions

Definition

A boat tax lien can be defined as a claim or encumbrance for delinquent taxes created on behalf of the boat or its owner. These can accrue for various reasons including unpaid sales, use, property, income, excise, and other local taxes.

Meaning

Maritime tax liens arise when created by the boat itself and may become attached even through subsequent owners. However, a boat can also become encumbered for non-related tax delinquencies created personally on behalf of the owner.

Context

Tax liens are sometimes recorded as Uniform Commercial Code filings, flagged against a boat's title, or shown as a claim of lien on vessel documentation records. They are for the most part, however, difficult to identify and track down.

Conclusion

Although steps can be taken to identify boat tax liens, one of the best assurances comes from checking the owner's background. This in conjunction with the appropriate guarantees or warranties, will go a long way to help protect against such deficiencies.

Credits and References

5/19/2022 - Page initiated by Team BoatWiki.

Float Your BoatWiki

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

WikiAlerts

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