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Tonnage
surveys
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If you are taking out a marine mortgage
for a substantial amount you will frequently be asked
to register the boat on Part I of the Register of Shipping,
so that the interest of the finance can be noted against
it, in the same way as a house mortgage is noted on
the Land Registry.
A tonnage survey is required if a vessel is to be registered
under Part 1 of the British Registry of Shipping, and
the owner who must be British, must sign a Declaration
of Eligibility and submit an application
form to the MCA,
along with proof of ownership.
During a tonnage survey a number of specific
measurements are taken and and registration details
are recorded. This is used in conjunction with other
various documentation to attain a Part 1 registration.
Part I registration provides a record of ownership in
addition to any outstanding mortgages that may be recorded
against that particular vessel.
Marine Techniques surveyors carry out Tonnage
surveys on behalf of the YDSA and the MCA.
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