Executive Summary
California DMV VIRP section 24.185 (Yacht and Ship Brokers) covers yacht and ship brokers negotiate the purchase, sale, or exchange of yachts, but do not own the yachts. Yacht/ship brokers and “for hire” operators are licensed by: (CHNC §701a) California State Parks Division of Boating and Waterways1629 “S” St.Sacramento, CA…. Part of Vessels. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.
Key Takeaways
- Yacht and ship brokers negotiate the purchase, sale, or exchange of yachts, but do not own the yachts.
- Yacht/ship brokers and “for hire” operators are licensed by: (CHNC §701a) California State Parks Division of Boating and Waterways1629 “S” St.Sacramento, CA….
- Brokers Authorized as Vessel Agents—may collect the registration fees and use tax due or collect the registration fees only and DMV headquarters will collect….
- Brokers Not Authorized as Vessel Agents—must give the documents to the buyer.
- The registration fees and use tax are collected by DMV.
Important Facts
- Manual section
- 24.185
- Chapter
- Vessels
- Manual text
- Verbatim DMV VIRP source below the overview