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Get Uscg Cg-1340 2016
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How to fill out the USCG CG-1340 online
The USCG CG-1340 is a vital document used for the sale of a vessel. Filling out this form online ensures a streamlined process for both sellers and buyers, allowing for clarity and efficiency in transferring ownership.
Follow the steps to complete the USCG CG-1340 online.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Enter the vessel name clearly in the designated field.
- Provide the official number or hull identification number associated with the vessel.
- List the names and addresses of all sellers, including the total interest owned. If there are multiple sellers, ensure accurate percentages are indicated.
- Fill in the names and addresses of buyers along with each buyer's transferred interest. Specify if the total interest transferred is 100% or less.
- Indicate the manner of ownership by checking the appropriate box, should a tenancy in common not apply.
- State the consideration received for the vessel, typically one dollar unless otherwise noted.
- Confirm that the vessel is sold free and clear of liens and mortgages, or specify any exceptions.
- Ensure signatures of sellers or authorized persons are included, along with the date they were signed.
- Enter the name(s) of persons signing and their legal capacity (e.g., owner, agent).
- Complete the acknowledgment section, if applicable, by a notary public or authorized official.
- If the vessel has never been documented, complete the vessel data section as necessary.
- Review all entries for accuracy before saving changes, downloading, printing, or sharing the completed form.
Complete your document online for a seamless vessel transfer experience.
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