starcraftkid
Petty Officer 1st Class
- Joined
- Jul 5, 2010
- Messages
- 238
Re: Why do so many older boats have no titles?
I'm in NJ also, it took me over 3 years to get a title for a boat that I bought new. The finance company lost the certificate of original and went out of business during the fight for a title after it was paid off.
NJ absolutely refused to issue a title. Their procedure for getting a title is for abandoned boats and lost titles, not new boats with the title never issued in this state or boats titled elsewhere.
When they checked the VIN the boat didn't exist in their system. No number of required newspaper ads obviously were a worthless requirement, and no other state showed a record of this boat. In the three years of it being financed, both the selling dealer, bank, and manufacturer had closed up. I could have continued to just renew the registration but they wouldn't issue me a title since there was no trace of the original and no "Lean Satisfied" stamp on the original Certificate of Origin from the bank, which was in CA.
After 34 months of inspections, court papers, newspaper ads, and other various steps required by the DMV here I gave up and attempted to go through an out of state title service but since there were recent inspections for a lost or no title, they refused to accept that paperwork.
I finally gave up, removed the original number plate, took it back to the Marine police and had another hull inspection done, this time they issued me a form that stated that no record or HIN were found, and that an NCIC check turned up negative. I took this to the DMV along with a notarized bill of sale from a buddy out of state for a Misc. boat hull, they refused the first notarized bill of sale saying that he needed to state that he never had a title and had never registered the boat, with the new bill of sale in hand, they issued me a new title and new HIN number. All of this was for a new boat I bought new. I sold the boat soon after since in the meanwhile I had bought another boat to use. The problem is they make you do things the wrong way, there is no way you should have to go through all that for a boat title.
With the number of abandoned boats in this state, they should be glad that someone is willing to take responsibility for one. If I never bothered to try to get a title for that boat, I very well could have just continued to renew the registration and use it, but I couldn't sell it.
They didn't recognize me as the owner since the boat was originally financed and there was no title to prove the load was satisfied. All of my bank statements, including a letter from the bank stating the CO was lost and they were trying to get me a duplicate, nor the loan satisfied and thank you letter were worth a thing to the DMV.
I think your most likely doing the right thing by walking away, the amount of grief they put you through is certainly not worth the hassle. Especially since there's so many boats for sale these days. Bide your time and one will come along.
I'm in NJ also, it took me over 3 years to get a title for a boat that I bought new. The finance company lost the certificate of original and went out of business during the fight for a title after it was paid off.
NJ absolutely refused to issue a title. Their procedure for getting a title is for abandoned boats and lost titles, not new boats with the title never issued in this state or boats titled elsewhere.
When they checked the VIN the boat didn't exist in their system. No number of required newspaper ads obviously were a worthless requirement, and no other state showed a record of this boat. In the three years of it being financed, both the selling dealer, bank, and manufacturer had closed up. I could have continued to just renew the registration but they wouldn't issue me a title since there was no trace of the original and no "Lean Satisfied" stamp on the original Certificate of Origin from the bank, which was in CA.
After 34 months of inspections, court papers, newspaper ads, and other various steps required by the DMV here I gave up and attempted to go through an out of state title service but since there were recent inspections for a lost or no title, they refused to accept that paperwork.
I finally gave up, removed the original number plate, took it back to the Marine police and had another hull inspection done, this time they issued me a form that stated that no record or HIN were found, and that an NCIC check turned up negative. I took this to the DMV along with a notarized bill of sale from a buddy out of state for a Misc. boat hull, they refused the first notarized bill of sale saying that he needed to state that he never had a title and had never registered the boat, with the new bill of sale in hand, they issued me a new title and new HIN number. All of this was for a new boat I bought new. I sold the boat soon after since in the meanwhile I had bought another boat to use. The problem is they make you do things the wrong way, there is no way you should have to go through all that for a boat title.
With the number of abandoned boats in this state, they should be glad that someone is willing to take responsibility for one. If I never bothered to try to get a title for that boat, I very well could have just continued to renew the registration and use it, but I couldn't sell it.
They didn't recognize me as the owner since the boat was originally financed and there was no title to prove the load was satisfied. All of my bank statements, including a letter from the bank stating the CO was lost and they were trying to get me a duplicate, nor the loan satisfied and thank you letter were worth a thing to the DMV.
I think your most likely doing the right thing by walking away, the amount of grief they put you through is certainly not worth the hassle. Especially since there's so many boats for sale these days. Bide your time and one will come along.