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Boat Trade Name Ownership

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BoatWiki - Definitions

Definition


A trade name can be defined in boat ownership terms as a fictitious or alternate label under which a person or entity chooses to title or register a boat. This typically applies to those who are said to be doing business as the respective trade label (DBA).

Meaning


Trade names are ubiquitous for any number of reasons including both recognition and anonymity. Although not always the case, most are registered for statutory and trademark purposes.

Context


When it comes to boat titling and registration, trade names can become problematical. Although their acceptance may vary among state jurisdictions, they are not allowed for vessel documentation purposes unless used as a qualifier. In other words, ownership must be stated as the real owner's name followed by a DBA designation. In this case the trade name is viewed as non-relevant or ancillary data.

Conclusion


Boaters should check with the appropriate title, registration, or documentation agency whenever this type of ownership is anticipated.

Please assist your fellow boaters by wiki-sharing any comments or experiences regarding this subject.


Credits and References

9/1/2022 - Page initiated by Team BoatWiki.




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