[OspreyVic]

Remy2007, I do not know what the laws are in California, but in Florida, the title would be in the owners name with the bank listed as the lien holder. The title could not be transferred until the bank releases the title, which could be a payoff or a new loan at the same bank.

I would not want to part with any of my money unless the title could be in my name. And, when you transfer the title in Florida you would get to pay taxes on that transfer, sorry, the tax man always wins.

Also, don’t forget to transfer the lifetime warranty.

Hope this doesn’t sour the deal, but better to do it right and have the boat yours than be making payments on a boat that the current owner could claim in later years was theirs. Hard to prove its yours if the title is in their name.