We own a large motoryacht and almost lost her last year when the propeller shaft broke in half during a voyage to Mexico. The boat would have sunk like a
I am preparing to purchase a sportfishing yacht in the 40-foot range, and I have a couple of questions regarding title and registration. First, I am thinking of forming a corporation
I own a documented vessel with a Preferred Ship Mortgage. I missed two payments, and my lender recently hired a private repossession company to pick up the boat. The bank said
How many crewmembers are allowed on a 60-foot boat when it is chartered to six passengers for hire? The short answer to this question is that you can carry as
I own a large motoryacht and I employ a licensed captain to operate and manage the boat. The captain has a number of medical restrictions on his license, and he
My truck was damaged recently in an accident at a launch ramp. The people next to us lost control of their boat when they were trying to load it onto
Last year, I bought a car and a boat at about the same time, and it happened that the purchase price was about the same for both transactions. For the
I am interested in starting a charter business with a small boat on Lake Havasu, and I have a few questions about licensing. I have been told that I will
