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CONTADORES DOMINICANOS
The cancellation of naval mortgage registration in the Dominican Republic is a regulated process for owners of vessels over 3 tons that have a naval mortgage registered.
It can be done online or in person, following the established steps and taking into account the costs associated with the service.
The requirements to carry out the cancellation of naval mortgage registration include the submission of specific documentation and compliance with certain criteria set by the MICM.
To proceed with the cancellation, it is necessary to have documents such as the power of attorney and/or legalized act of cancellation of the naval mortgage, duplicate of the vessel owner, duplicate of the mortgage creditor, and a letter of request addressed to the MICM.
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