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When the sale or acquisition of a pleasure boat takes place, there is a requirement to finalize the pleasure craft licence transfer. The action keeps the licence on the boat but updates the record, so Transport Canada knows about the new owner. Without this transfer, the vessel would continue to be legally listed under the name of the old owner, creating liability issues. The transfer totally takes place through the submission of proof of ownership, proper identification, and a photograph of the vessel. You’ll not only stay compliant but also protect yourself as the rightful owner, ensuring smooth sailing on Canadian waters.
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