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AUTO TITLE MANUAL - Franklin County, Ohio

AUTO TITLE MANUAL - Franklin County, Ohio

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FRANKLIN COUNTY CLERK OF COURTS<br />

<strong>AUTO</strong> <strong>TITLE</strong> <strong>MANUAL</strong><br />

Vendor Transactions<br />

The net tax is remitted to the Clerk of Courts for a vendor transaction. Net tax is the<br />

gross tax minus the vendor discount.<br />

Watercraft Dealer Transactions<br />

A watercraft dealer permit number allows a dealer to reduce their customer’s tax base by<br />

a trade-in on either a new or used watercraft. The net tax is remitted to the Clerk of<br />

Courts.<br />

Broker Sales<br />

A broker sale will have the appearance of a casual sale in that the title is being transferred<br />

from individual to individual. However, a third party called a “broker” is actually selling<br />

the watercraft. In the case of a broker sale, the broker’s dealer permit number and/or<br />

vendor number must be shown on the title application and the net tax is remitted to the<br />

Clerk’s office.<br />

Watercraft Insurance Settlements<br />

If a boat is damaged or stolen as a result of an insurance claim, and the insurance<br />

company is assuming ownership, the title is filled out in the same manner as any transfer.<br />

The purchase price and basis for exemption should be shown as “Insurance Claim”.<br />

The insurance company will be issued a regular title, not a salvage title.<br />

Abandoned Watercraft<br />

Private Property<br />

When a watercraft or outboard motor has been left for more than 72 hours without the<br />

permission of the property owner or at a marina for longer than the agreed upon time, the<br />

watercraft is considered abandoned. The property owner can file a complaint and law<br />

enforcement may order the watercraft into storage or have it removed by private tow. If<br />

after 30 days the watercraft remains unclaimed, the law enforcement agency begins the<br />

process of filing an unclaimed affidavit. This process will result in the law enforcement<br />

agency being issued a SALVAGE <strong>TITLE</strong>, which will permit them to sell it at a public<br />

auction, or they may assign the unclaimed affidavit to a marine salvage dealer.<br />

Also, if the watercraft or outboard motor has been left abandoned for six months or more<br />

without permission of the property owner, the property owner can request a search of the<br />

records of the Division of Watercraft for the name and address of the last known owner<br />

and any lienholder. This request must be made in writing and should indicate that the<br />

search is in order to hold an auction for sale. The fee for the search is $2.00 and should<br />

accompany the request. When the response is sent by the Division of Watercraft to the<br />

property owner, a copy of the ORC 4585.31 will be sent explaining the steps to be taken<br />

and a list of licensed watercraft dealers in the property owner’s county.<br />

26 FRANKLIN COUNTY <strong>TITLE</strong> DIVISION - CUSTOMER SERVICE LINE (614) 525-3090<br />

462-3090

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