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VIRP 18.155: Vessel Liens—Boaters Lien Law (CH&NC §§500–509)
Lien Sales – Abandoned – Abated Vehicles
CA DMV
VIRP Manual
Executive Summary
California DMV VIRP section 18.155 (Vessel Liens—Boaters Lien Law (CH&NC §§500–509)) covers every person has a lien (dependent upon possession), for compensation for making repairs, performing labor upon, furnishing supplies or materials for, storing,. The lien arises at the time a written statement of lien (bill) specifying the charges for services and/or storage is sent to the vessel owner(s). “Vessel”…. Part of Lien Sales – Abandoned – Abated Vehicles. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.
Key Takeaways
- Every person has a lien (dependent upon possession), for compensation for making repairs, performing labor upon, furnishing supplies or materials for, storing,….
- The lien arises at the time a written statement of lien (bill) specifying the charges for services and/or storage is sent to the vessel owner(s). “Vessel”….
- Fair Market Value Statement—A statement of the fair market value completed and signed by a licensed yacht and ship broker must be sent along with the Notice of….
- The fair market value statement is not required if the vessel or vessel/trailer was a police impound.
- Exception: The estimated value for vessels removed, or arranged for removal, by a public agency must be determined by that agency.
Important Facts
- Manual section
- 18.155
- Chapter
- Lien Sales – Abandoned – Abated Vehicles
- Manual text
- Verbatim DMV VIRP source below the overview