Bond is not required for Salesperson they are covered under the sponsoring licensed California broker.
Yacht broker license california. Only a few states actually require new yacht brokers to have a license. On January 13 2021 the Certified Professional Yacht Broker CPYB Association held a virtual ceremony and presented the 2020 Vin Petrella Chairmans Award to Alan Powella CPYB and Owner of Capital City Yacht Sales in Olympia Washington. A 15000 Yacht and Ship Broker License Surety Bond is required by the State of California Department of Boating and Waterways DBW for all yacht andor ship brokers transacting business in the State of California.
Ownership of the show will also transfer to. States that do require these workers to obtain licenses may ask for proof of. Such license may be renewed for periods of two years.
Mail the completed salesperson application along with documents listed below to the Division. Minimum Qualifications to Apply Be at least 18 years of age Have an established place of business located in California post office box mail drop or telephone answering service is not a Place of Business. The license first issued to a salesman shall be for a period of one year.
WEST COAST YACHTSDREAM CATCHER YACHTS WCMY INC. Application for Appointment and Agreement as a Non-Public Undocumented Vessel Registration Agent OL 54. Florida requires a license for those selling vessels over 32 that are not their own and California requires a license for those selling vessel over 16 that are not their own.
Average Time to Process Application. Employed by licensed yacht and ship broker for 1 year. How to Apply for a Vessel Agent License To apply for your license submit the following.
The public agency determines if estimated value of vessel is 1500 or less. Applicant must be a minimum of 18 years of age. California Code of Regulations Title 14 Sections 7601-7623.