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Abstract of Title - Definition



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Vessel Transcript of Registry Definition

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BoatWiki - Definitions

Definition


A transcript of registry is an index of all transactions related to the national registration of a yacht or ship. It contains entries that include ownership transfers, mortgages, claims of lien, and related supplements. It is the foreign equivalent of a USCG vessel documentation abstract of title.

Meaning


When a yacht or ship becomes nationally registered in a foreign country, the vessel particulars and all subsequent transactions are maintained in a data system. Printouts or extractions from the system are accordinly known as transcripts of registry.

Context


Transcripts of registry are paramount to conducting ownership, title, and lien research for any transaction involving a foreign registered vessel. They are available from the respective country upon request and payment of a fee. Given the different languages involved, it is often necessary to have them transcribed into English for usage in the United States.

Conclusion


Transcripts come in various forms and may be difficult to interpret. Professional assistance may be the answer for boaters who are not familiar with such documents.

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


Credits and References

9/8/2022 - Page initiated by Team BoatWiki.




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