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Oscar
Master Marine Consultant

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USA
2030 Posts
Initially Posted - 06/23/2004 :  23:28:42  Show Profile  Visit Oscar's Homepage
The Admiral can now add "Owner" to her titles. Owner of record of a US documented vessel that is. I, on the other hand can merely call myself Captain, or indentured serf.....

A de-naming and naming ceremony is being prepared involving a heat gun, graphics and some herbal tea......Henceforth the sailing vessel "Lady Kay" is (at the federal legal level) known as a Catlina 42, hull # 76, home port Georgetown MD, (on the Sassafras).

Oscar
Catalina 250WB#618 Currently FOR SALE:
http:www.woodenshoemusic.com/C250WB
Lady Kay IV, Dragonfly 25 # 54 Former C30#618-C250WB#618-C42#76
Edited by - Oscar on 06/23/2004 23:50:03

Lightnup
Master Marine Consultant

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USA
1016 Posts
Response Posted - 06/23/2004 :  23:36:55  Show Profile
Congratulations. That means you don't have to also register her in Maryland, right?
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Oscar
Master Marine Consultant

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USA
2030 Posts
Response Posted - 06/23/2004 :  23:52:57  Show Profile  Visit Oscar's Homepage
No, you either document (in this case, and increasingly, required by the bank) or title/register. But, if you keep it in Maryland waters, they would like to "collect" (sales/user tax, by the Department of Natural Resources...)...thank you very much. Then they give you a sticker to put behind the window....Good news is MD is 5%, PA is 6%......

Oscar
Catalina 250WB#618 Currently FOR SALE:
http:www.woodenshoemusic.com/C250WB
Edited by - Oscar on 06/23/2004 23:54:25
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frog0911
Master Marine Consultant

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USA
1349 Posts
Response Posted - 06/24/2004 :  00:15:16  Show Profile
Way to go Oscar. When are we going to see some pictures of the NEW "Lady Kay"?
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Oscar
Master Marine Consultant

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USA
2030 Posts
Response Posted - 06/24/2004 :  06:56:39  Show Profile  Visit Oscar's Homepage
http://www.woodenshoemusic.com/familypictures19.html

Off to do some scrapin' and paintin'

Oscar
Catalina 250WB#618 Currently FOR SALE:
http:www.woodenshoemusic.com/C250WB
Edited by - Oscar on 06/24/2004 07:03:58
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Lightnup
Master Marine Consultant

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USA
1016 Posts
Response Posted - 06/24/2004 :  09:35:09  Show Profile
Wow, what a gorgeous boat!
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dlucier
Master Marine Consultant

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Virgin Islands (United Kingdom)
7583 Posts
Response Posted - 06/24/2004 :  10:36:07  Show Profile
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by Lightnup</i>
<br />Congratulations. That means you don't have to also register her in Maryland, right?
<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by Oscar</i>
<br />No, you either document (in this case, and increasingly, required by the bank) or title/register. But, if you keep it in Maryland waters, they would like to "collect" (sales/user tax, by the Department of Natural Resources...)...thank you very much. Then they give you a sticker to put behind the window....Good news is MD is 5%, PA is 6%......<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">

It is my understanding that federal documentation doesn't necessarily release one from state registration requirements.

From a FAQ from the USCG website...

<i><b>"What are the advantages of documenting my boat with the Coast Guard?" </b></i>

The difference between Documentation and State registration is that Documentation is a form of Federal Registration for larger boats (5 net tons or more). It has two basic advantages:
Documentation makes it easier to get bank financing. A bank will often stipulate that boat must be documented.
Documentation makes it easier to establish the identity of the vessel when cruising foreign waters (the Coast Guard Documentation serves as a "passport" for the vessel).
Recreational boats of 5 net tons or more (approximately 35 feet in length and over) are eligible (but not required) to be documented by the Coast Guard. <i>Documenting a boat is generally more expensive than registering it with the State, but it may have advantages if the boat is used for international travel. Some States will require registration of a boat even if it is documented.</i>
If a pleasure craft owner wishes to have a vessel documented as a yacht, it can be done if:

The vessel is 5 net tons or more.
The owner is a citizen of the United States.
The vessel is used exclusively for pleasure.
The owner can establish the necessary facts of construction and ownership.
<i>This will document the yacht as a vessel of the United States, but it will not exempt it from any applicable State or Federal taxes. </i>Furthermore, the fact that the yacht is documented will not excuse the owner from complying with safety and equipment regulations of the Federal or State governments in the State in which the vessel is used.

Vessels may be documented in three categories: pleasure, commercial, or commercial with a pleasure endorsement.
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Frank Hopper
Past Commodore

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Pitcairn Island
6776 Posts
Response Posted - 06/24/2004 :  11:34:17  Show Profile  Visit Frank Hopper's Homepage
Hey O,
Yous could'a been a contenda.
See ya buddy.
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Notice: The advice given on this site is based upon individual or quoted experience, yours may differ.
The Officers, Staff and members of this site only provide information based upon the concept that anyone utilizing this information does so at their own risk and holds harmless all contributors to this site.