Boat Ownership Paperwork in FL
Guys,
Was talking with my brother today and he has paid off his boat. The company that held the lean/loan sent him a title of certificate. Is that the title or will/should he be getting a title for the boat just like we get when we pay off a car or truck?
What's the difference in the two documents? (If any)....
Cheers!
Was talking with my brother today and he has paid off his boat. The company that held the lean/loan sent him a title of certificate. Is that the title or will/should he be getting a title for the boat just like we get when we pay off a car or truck?
What's the difference in the two documents? (If any)....
Cheers!
Replies
Your brother only received a paper that said the loan was paid.
Jim
Wrong
http://www.flhsmv.gov/dmv/faqboat.html
http://www.flhsmv.gov/html/emt.htm
Electronically Maintained Titles
The Division of Motorist Services has implemented an electronic lien and titling system (e-title) designed to assist lienholders as well as vehicle owners.
Electronically maintaining the title to your vehicle eliminates the risk of losing it and having to pay title fees to obtain a duplicate. It is also an effective fraud deterrent because potential thieves will not have access to your title.
If the lien on your vehicle has been satisfied and the title is electronically maintained, the Department is encouraging owners to maintain their titles electronically. Customers may still request that a paper title be printed at any time. Titles are mailed to the address reflected on the owner’s motor vehicle record and are generally mailed within two (2) days of receipt of the request. To request a paper title, you may use the Division of Motorist Services website provided below to submit your request. If you wish to obtain a paper title immediately, many tax collector offices offer same day title printing for $10.00.
You do not need to request a paper title prior to trading your vehicle with a Florida dealership.
If you are a dealer or lienholder, click here for E-Title frequently asked questions and common scenarios.
If you are selling your vehicle, rather than trading it with a Florida dealership, you will need to request a paper title be printed in order to transfer ownership to the purchaser.
To submit your request via the department’s secure website, click on the link below