46 CFR 67.239
§ 67.239 Requirements for assumptions of mortgages.
United States · 46 CFR — Shipping · Status: effective
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- Citation
- 46 CFR 67.239, § 67.239 Requirements for assumptions of mortgages, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/225574
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.