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2. Lloyd's Open Form - Wikipedia

   en.wikipedia.org/wiki/Lloyd's_Open_Form

   Lloyd's Open Form. The Lloyd's Open Form, formally "Lloyd's Standard Form of Salvage Agreement", and commonly referred to as the LOF, is a standard form contract for a proposed marine salvage operation. Originating in the late 19th century, the form is published by Lloyd's of London and is the most commonly used form for international salvage.

3. Law of salvage - Wikipedia

   en.wikipedia.org/wiki/Law_of_salvage

   Law of salvage. The law of salvage is a principle of maritime law whereby any person who helps recover another person's ship or cargo in peril at sea is entitled to a reward commensurate with the value of the property saved. Maritime law is inherently international, and although salvage laws vary from one country to another, generally there are ...

4. Salvage title - Wikipedia

   en.wikipedia.org/wiki/Salvage_title

   Salvage title. In North America, a salvage title is a form of vehicle title branding, which notes that the vehicle has been damaged and/or deemed a total loss by an insurance company that paid a claim on it. The criteria for determining when a salvage title is issued differ considerably by each state, province or territory.

5. Insurance for a salvage car - AOL

   www.aol.com/finance/insurance-salvage-car...

   A salvage title car is a car that has been declared a total loss by an insurance company. To be declared a total loss, the vehicle must be damaged to the point that the cost of repairs would be ...

6. What Is a Car Salvage Title and Is It Safe? - AOL

   www.aol.com/car-salvage-title-safe-140800143.html

   What Does a Salvage Title Mean? A salvage title indicates that your vehicle, in its current state, has little financial value. This is often the result of damage caused by an auto accident, but ...

7. What is a rebuilt title vs. a salvage title? - AOL

   www.aol.com/finance/rebuilt-title-vs-salvage...

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8. Marine salvage - Wikipedia

   en.wikipedia.org/wiki/Marine_salvage

   USS Regulus hard aground in 1971 due to a typhoon: after three weeks of effort, Naval salvors deemed it unsalvageable.. Marine salvage takes many forms, and may involve anything from refloating a ship that has gone aground or sunk as well as necessary work to prevent loss of the vessel, such as pumping water out of a ship—thereby keeping the ship afloat—extinguishing fires on board, to ...

9. Abandoned Shipwrecks Act - Wikipedia

   en.wikipedia.org/wiki/Abandoned_Shipwrecks_Act

   The Abandoned Shipwrecks Act (Pub. L. 100-298; 43 U.S.C. §§ 2101–2106), also known as the Abandoned Shipwrecks Act of 1987, was passed into law due to severe damage to some 3,000 historic wrecks in the Great Lakes and off the US coasts that had been salvaged, and in some cases ruined, by treasure hunters in the 1970s. [1]