Whenever a boat has to change hands, you will have to also go through the process to change ownership of the boat in Ontario. While complicated, it can be made a lot easier by our team.
Change Ownership in Ontario
The documentation for the ownership of a boat isn’t really attached to the owner, as most owners would believe. Instead, it is tied to the boat itself. This means that should the boat change hands at some point, the registration will have to change hands with it. Now, this isn’t something that automatically happens when you receive payment for the boat you are selling. This comes with an administrative process of its own that can seem somewhat confusing at first. This is why we are here to help you with this overall process under different circumstances. If you have any doubts about what a change looks like, we hope you can find the answer here.
When You’re Selling Your Boat
When you are selling a boat, part of the process is going to involve changing the registration to reflect the new owner. This means that you will have to submit the corresponding form to Transport Canada, informing them of the change of ownership and providing them with the new owner’s information. You will find the change form readily available on our menu, where you will be able to fill it out and, eventually, submit it. This process will make sure that the registry is properly updated to reflect the change in the ownership and the new owner’s standing in relation to the boat. Keep in mind that this process needs to be carried out by the previous owner rather than the new one, who won’t have to file for initial registration.
Making Changes to Shared Ownership Arrangements
These change forms are also going to be relevant when it comes to changes made to shared ownership arrangements. You will not always have to change the full claim to the vessel in question to someone else. Sometimes, what you’re looking for is shared ownership. For example, you might be getting married or forming a business partnership. In such cases, you might want to add an owner to the registration so that you can both have a claim. The same applies the other way around. The form to transfer ownership of boat in Ontario will serve to add or remove an owner from a boat’s registration going forward.
File For a Change in Ownership
Transport Canada documentation applications can be tedious and inconvenient to go through, but we don’t want that to be the case for you. Our platform is designed to make sure that all these processes are made easier for you, and that you have no trouble filing for any vessel documentation that you need. Not only that, but our team is always ready to provide you with the help that you need should you have any questions or doubts about any application process. Whether you are dealing with registration, licenses, transfers, or just about any other piece of documentation, you will find everything that you need right here at the National Vessel Registry Center.
Saturday, 4 November 2023
How to File the Applications in Order to Change Ownership of Boat in Ontario
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