The Boat Bill of Sale is a crucial document used when transferring ownership of any water vessel in the United States. This document is required by most state agencies and marine authorities to legally record the sale of a boat. It includes essential information such as the vessel's identification numbers, specifications, purchase price, and both parties' details. The document helps protect both buyer and seller by clearly documenting the terms of sale and can be used for registration purposes with state authorities. A properly executed Boat Bill of Sale is particularly important for insurance purposes and future resale of the vessel.
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1. Date and Location: Date of sale and location where transaction occurs
2. Parties: Full legal names and addresses of buyer and seller
3. Vessel Information: Detailed description of boat including make, model, year, HIN, registration number
4. Purchase Price: Agreed-upon price and payment terms
5. Signatures: Signature lines for both parties
1. Warranty Disclaimer: Statement that vessel is sold 'as-is', use when seller wants to limit liability
2. Notary Block: Space for notarization, required in some states
3. Included Equipment: List of equipment included in sale, use when additional items are part of transaction
4. Liens Declaration: Statement regarding existing liens, use when clarity about vessel's legal status is needed
1. Equipment Inventory: Detailed list of all equipment included in sale
2. Maintenance Records: Documentation of vessel's maintenance history
3. Registration Documents: Copies of current registration and title
4. Vessel Survey: Recent survey report if available
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