46 CFR 67.239: Requirements for assumptions of mortgages.
Where this section sits in the code
- Title 46—Shipping
- CHAPTER I—COAST GUARD, DEPARTMENT OF HOMELAND SECURITY
- SUBCHAPTER G—DOCUMENTATION AND MEASUREMENT OF VESSELS
- PART 67—DOCUMENTATION OF VESSELS
- Subpart Q—Filing and Recording of Instruments—Mortgages, Preferred Mortgages, and Related Instruments
An assumption of mortgage presented for filing and recording must:
(a) Be signed by or on behalf of each original mortgagor, each mortgagee, and each assuming party; and
(b) Recite the following:
(1) The name and address of each original mortgagor and the interest in the vessel mortgaged; and
(2) The name and address of each assuming party and the interest in the mortgage assumed.
Collected 2026-08-27T02:26:22Z. Source file · JSON