An application for abandoned vessel title under Natural Resources Article, §8-721 et seq., Annotated Code of Maryland, shall include: Vessel identification; Evidence of published notice; Evidence of owner and lienholder notification; and Any other documentation required by the Department. Vessel excise tax will be assessed on the fair market value of the vessel as shown in a national publication of used vessel values adopted by the Department. A marina may submit a single abandoned boat application for multiple vessels when; The marina was purchased not more than 12 months prior to application; Vessels remained on marina property at the time of property transfer without associated ownership and payment records; and The contract of sale did not include assumption of accounts receivable. Vessel excise tax shall be assessed on the fair market value of the vessel as shown in a national publication of used vessel values adopted by the Department. Valuation may be adjusted at the Department's discretion based on the physical condition of the vessel.