Nevada Boat Lien Sale Law

Boats are treated as motor vehicles under Nevada lien laws.

Chapter 108 of the Nevada statutes cover "Mechanics' and Materialmen's Liens." Boats are covered in this chapter under the same statutes that cover the liens and sales of motor vehicles.

Requirements

Lienholders wishing to sell a boat under the conditions to satisfy a lien must give written notice, either in person or through certified or registered mail, to the person on whose account the charges were secured at their last available known address, as of 2010.

Notice of Sale

The notice must contain a statement of the claim showing the amount due, description of the vessel and a demand for the amount of the claim by a certain date (that is not less than 10 days away from the date of the receipt of the notice). Notices that do not have these requirements may be considered invalid. Further, according to Nevada Revised Statute 108.710, Section 6, the lien holder must advertise the sale for at least three consecutive weeks in a newspaper.

Auction

The sale, no less than 22 days from the date of the first publication of the notice that the sale is happening, satisfies the terms of the lien. If the amount of the sale exceeds the amount of the lien, the lienholder must return the balance of the sale to the person whom the lienholder would have been bound to deliver the vessel to under the terms of the lien.

References

• Nevada Revised Statutes: Chapter 108