If your boat doesn’t have a title, ensure you have the previous bill of sale or purchase agreement to prove that you’re the owner. Most states require this information for sale, plus it assures the buyer that you’re the owner and there are no liens (outstanding debts) on the vessel. When you’re ready to sell your boat, ensure you have the title and registration for each component (boat, outboard motor, and trailer). You need to take a few steps to prepare your boat for sale. Whatever it is you’re selling, make sure you include everything in the final value of the sales price. Will you be selling just a boat? Or will it include an outboard motor? Will you be including a trailer? Step 1 – Decide Exactly What You’re Sellingįirstly, you’ll need to decide exactly what you’re selling. When it comes to selling a boat, there are several steps you need to take to keep in mind to make the process as stress-free and straightforward as possible. The boat bill of sale form you need depends on what’s included in the sale and how your boat is registered or documented. Private sales of boats typically don’t offer warranties and are sold “as-is,” meaning the buyer agrees to purchase the vessel in its current condition. If the sale includes a warranty, document it on the Boat Bill of Sale. In some states, a Boat Bill of Sale must be notarized for the document to be legally binding.Watercraft description (make, model, hull identification number, condition, etc.).What Should Be Included in a Boat Bill of Sale?Ī valid bill of sale for a boat, jet ski, or other watercraft vessels must include the following: If the boat has an accompanying trailer, you can record the sale of multiple items on a single bill of sale (for example, a boat, motor, and trailer) or an accompanying trailer bill of sale form. You need a Bill of Sale form when buying or selling a boat because it outlines the terms of the sale, prevents disputes, and serves as proof of ownership for the buyer so they can register their new boat. Boat Bill of Sale Frequently Asked QuestionsĪ Boat Bill of Sale is a document that legally transfers the ownership of a boat or other watercraft from a seller to a buyer.

What Should Be Included in a Boat Bill of Sale?.A Boat Bill of Sale serves as an official record that a boat was sold on a certain date for a certain price. In exchange for a certain amount of money, the seller agrees to transfer ownership of a boat to the buyer. A Boat Bill of Sale is a legal document that records the sale of a boat between two parties - a seller and a buyer.

Free simple bill of sale form