CA DMV Form Boat 152. Application for Lien Sale Authorization and Lienholder's Certification Vessel or Vessel/Trailer Valued over $1,500

Form CA DMV Form Boat 152 is used in the state of California for applying for lien sale authorization and providing the lienholder's certification for vessels or vessel/trailers valued over $1,500. It initiates the process of selling a repossessed vessel or vessel/trailer due to non-payment.

The form consists of different sections that require specific information. These parts include: applicant information (name, address, contact details), vessel/vessel-trailer information (make, year, model, HIN, VIN), lien information (date of the lien, amount owed, fees), and a certification section.

Important fields in this form are the applicant's information, vessel or vessel/trailer details, lien details, and the certification section. Accuracy and completeness of the information provided are crucial to avoid delays in the lien sale process.

An example application would be when a boat owner defaults on their loan payments, and the lienholder wants to initiate the lien sale process by completing this form. This form can also be used if the boat owner abandons the vessel or fails to pay storage fees.

Related forms: An alternative form to consider is CA DMV Form REG 262, which is used for lien sales of vehicles, including vessels. The main difference between CA DMV Form Boat 152 and CA DMV Form REG 262 is that the former is specifically tailored for boats and vessels, while the latter covers various types of vehicles.