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Application for Initial, Exchange, or Replacement of Certificate of Documentation; Redocumentation Form
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People also ask
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What does exchange of certificate of documentation mean?
Exchange - is the term used when changes are made to the Certificate of Documentation (COD) for a vessel which is currently documented with the U.S. Coast Guard. The changes may include ownership, vessel name, hailing port, and/or endorsement(s).
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What is form cg-1258?
The Transfer of Ownership form CG-1258 is utilized when: Purchasing/transferring a vessel: When the sale is finalized you may complete a U.S. Coast Guard Bill of Sale (CG-1340). If there is an outstanding mortgage, the mortgagee (lender) should complete a Satisfaction of Mortgage.
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What is a coast guard certificate of documentation?
A certificate of documentation will be issued by the Coast Guard to the registered owner upon successful processing of an application. It is valid for one year and must be renewed, although there are multi-year renewals available for recreational-only vessels. Documentation must be carried on the vessel at all times.
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What is CG-1258 application for initial issue exchange or replacement of certificate of documentation?
A CG form 1258 is the US Coast Guard within the Department of Homeland Security form. Its full name is Application for Initial Issue, Exchange, or Replacement of Certificate of Documentation; Re documentation. The CG-1258 form must be completed by the owner(s) of a vessel which is to be recorded or re-documented.
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Is a certificate of documentation the same as a title?
When a documented vessel is also registered with a state, it does not receive a state title. The Certificate of Documentation remains its primary ownership credential.
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What is form cg 1258?
The Transfer of Ownership form CG-1258 is utilized when: Purchasing/transferring a vessel: When the sale is finalized you may complete a U.S. Coast Guard Bill of Sale (CG-1340). If there is an outstanding mortgage, the mortgagee (lender) should complete a Satisfaction of Mortgage.
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What is the purpose of the certificate of documentation?
A USCG Certificate of Documentation establishes the ownership and nationality of a vessel. Recreational vessels over five net tons have the option to document their vessel with the U.S. Coast Guard and obtain a Certificate of Documentation.
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