Buying or selling a boat is not unlike buying or selling a car. Once a price has been negotiated, and the transaction is ready to take place, there will be a certain amount of paperwork that needs to be completed. In the case of a transaction involving a boat that’s registered with Transport Canada, a…
Form 2 – Builder’s Certificate for First Title
If you’ve recently purchased a boat, and you’re considering first-time registration with Transport Canada, there are a few things you’ll need to provide. Firstly, you’ll have to completely fill out an application, and provide a certificate a qualification. You’ll also need to submit a Form 2 – Builder’s Certificate for First Title, which proves that your…
Form 16 – Builder’s Mortgage
If you’re having a vessel built, and the financing for this project is coming from an outside lender via a builder’s mortgage, there will be documentation that will need to be submitted to the Canadian Registry of Vessels. The Form 16 – Builder’s Mortgage will ask for information regarding any all mortgagors and mortgagees as they…
Form 8 – Declaration of Transmission
In the event of a transmission of ownership for a registered vessel, in instances of death, bankruptcy, or other lawful means, Transport Canada does require that they be notified with official documentation. Using what is called a Form 8 – Declaration of Transmission, which is a form that clearly delineates a change in vessel ownership, you…
Form 7 – Mortgage
Buying a boat can be a significant investment, so it’s not unusual for buyers to seek out financing in the form of a mortgage. You should note that in Canada, only vessels that are registered with the Canadian Registry of Vessels are eligible for a Form 7 – Mortgage. You also must notify Transport Canada…
Form 3 – Statement of Qualification for Vessel Registration
Have you recently purchased a boat that you’re interested in registering with Transport Canada? If you’re looking to apply to the Small Vessel Register, you’ll need to include a Form 3 – Statement of Qualification for Vessel Registration with your application. Once you’ve completed this relatively simple 2-page form, you can easily apply for your documentation…
Form 4B – Tonnage Measurement of a Simple Multihull Vessel
If you own a multihull vessel that is not more than 15 meters in length—this will commonly be a pontoon—you can use the Form 4B – Tonnage Measurement of a Simple Multihull Vessel form when applying for your registration with Transport Canada. This document will ask that you fill-in a series of measurements for your vessel,…
Form 15 – Vessel under Construction
Are you building the boat of your dreams? Do you own a business that’s constructing a vessel tailor-made to your needs? As you’ll surely be aiming to have your boat registered with Transport Canada, it’s important that you submit a Form 15 – Vessel under Construction to the Canadian Registry of Vessels. This documentation will be used…