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You have to fill out a form that states, under the penalties of perjury, that the boat will be used for commercial fishing only. I think you have to register it as a commercial vessel , and of course insure it commercially too. If you do document it, you will be required to pay a "use" tax of 5%(I screwed up my last post). This happened to us about 5 years ago when we bought a documented boat with no title from a MA resident . They wouldn't give us a title until they could locate the past owner and get the use tax he never paid.
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