License: Yacht and Ship Broker's License

Department of Parks and Recreation Division of Boating and Waterways Yacht and Ship Broker Licensing Unit external site

One Capitol Mall, Suite 500

Sacramento, CA 95814

(888) 326-2822

Yacht (boat) and ship brokerages. Fees: Application: None; Examination: $25; License: $200; Fingerprint fees are paid to Live-Scan Facility. Examination Frequency: Once a month Exam Locations: San Clemente, Sacramento, and San Diego. Experience Requirement: One (1) year as licensed yacht salesman as shown on the Department's records; or has owned and operated a marine business selling new and used yachts for a minimum of three continuous years; or has been licensed as a broker or yacht salesperson in another state for a minimum of three continuous years. Average Time to Process Application: 1 month. Renewal Period: Annually. Special License Requirements: None; however, need compliance with local license, U.S. and State tax requirements. Comments: A $15,000 surety bond or cash deposit is required when applying for a yacht brokers license. Bond is not required for Salesperson, they are covered under the sponsoring licensed California broker. Authority: Harbors and Navigation Code, Chapter 5, Article 2, Sections 700-740; California Code of Regulations, Title 14, Sections 7601-7623.