Clean boat title?

[burnsy22]

My father in law is looking at purchasing a new/used boat. Is there any way to check if there are no outstanding liens or financial issues with the boat? Ie. checking the VIN or something else.

Thanks

 

[Brew]

If you have a friend in banking they are able to check on-line for boat's in BC and if you are looking in the States it depends on what State. I know in Washington I phoned DMV and gave them the VIN and they told me who used to have the loan on the boat and that it was paid off...

hope this helps
Bru

 

[burnsy22]

The boat is in BC. You have to know someone in the banking world to find out? Has to be another way no?

 

[leftcoast]

I'm in banking and we always check for liens when using anything for security on a loan. In order to check for liens you have to have an account with BC online which is the registry system for liens in the Province. We have a password and get charged for every search we do. I would think car dealers/Travel trailers also use this system when cars/trailers get traded in to check for liens. The problem with boats is they have 3 VIN's trailer, Hull, and Motor. I know some banks only register a lien on the trailer hoping the boat always stays with the trailer.

 

[Brew]

http://www.bcregistryservices.gov.bc.ca/bcreg/pprpg/faq.page?#ppr-lien-search/q

Service BC - not sure what they charge but Im sure its something...
I know there is one at the north end of Nanaimo by Can Western and one DT just off Albert St.

Bru

 

[Brew]

Damm Leftcoast, I figured bankers got it for free because my banker never told me different... Guess I better go get her some wine.
Good thing Im too broke to buy another right now

 

[leftcoast]

Bankers love wine and beer. I'm sure your bank has made a lot of money off you at some point. Interest isn't free it pays my wage.