Optional Application for Filing
BoatWiki - Forms
Use of this form may have legal and tax implications.
You should consult with an attorney or professional about any such concerns.
The optional application for filing is a Coast Guard form designed for use while in the process of submitting vessel mortgages and related instruments to the Vessel Documentation Center. It eliminates the need for having the required citations incorporated into the respective items.
The textual content or format of mortgages and related instruments is not a matter of concern for the documentation center so long as the required citations are present. Therefore, if accompanied by a properly executed optional application for filing, such items will be accepted without further review by a documentation officer.
The optional application form is downloadable from the National Vessel Documenter's website as listed in the above WikiTags. It is provided in an Adobe PDF format with automated fields for the users convenience.
The form is accompanied by a set of instructions and is otherwise self-explanatory. However, all applicable fields must be accurately completed or the filing will be rejected. The grantor and grantee must execute the form in the presence of a notary public. If signed separately, the notary may attach its own acknowledgment form. The form must be submitted with the original filing itself and may not be subsequently used to correct any deficiencies.
Although a mortgage or supplemental instrument may have been accepted for recording, this does not mean it can not be subsequently disputed in a court of law. Owners and lenders should accordingly seek legal consultation if there are any such concerns.
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4/28/2022 - Initiated by Team BoatWiki.