Well, I hate to bring this up but, as a divorce person, I don't want too much "toys" on record for me. So I really don't want to register a 30' cabin cruiser under my name. So the real question is, If I let a friend register it under his name,and if I get into an accident on the water, will the friend be held liable for it because he is registered?Just a thought,Lou
THe short answer is-yes.Also, if your "friend" decides he really likes it and wants to keep it-guess what, you are going to have a hard time proving it's yours.
Same boat I'm in. Put in under 1/2 my brothers name. This helps somewhat. But I'd think one name could be on the title, and several could be on registration/insurance? After all, like a car, the driver is held responsible for most minor incidents. Good luck.