#Basic boat notarized bill of sale registration#
#Basic boat notarized bill of sale free#

YouвЂ™re selling or buying a boat through a commercial outlet.

YouвЂ™re selling or purchasing a used boat or associated items.

YouвЂ™re trading boats and associated items.

YouвЂ™re using a website (such as Craigslist) or a trade portal.

Who Should Use a Boat Bill of Sale?ДЄ boat bill of sale should be used by anyone who is looking to sell or purchase a boat, whether:

If insurance is required in your state, itвЂ™s likely that youвЂ™ll need legal documents (such as this form) to prove ownership. Some states require that the owner has proof of purchase that lists several things, including the selling price and hull ID number.ДЄside from the two most common reasons that the involved parties should keep a copy of the document, there are many other circumstances where it could come in handy.

#Basic boat notarized bill of sale registration#

The buyer has proof of payment in full, should there be any question later on.Д®very state has a process for the registration of boats. Given many transactions are made in cash, proof that the item was paid for in good faith with proper documentation protects a buyer of stolen goods. If the sale includes a trailer or motor, youвЂ™ll want to include that information in the document as well.ДЄ sale form of this nature protects both the parties of any future issues, such as the boat being stolen and for the purposes of registration. It can be used for the sale of new, used, or even handmade vessels by a dealership or a private citizen. Alternate NamesДЄ boat bill of sale is used strictly for the buying or selling of a boat. A sales agreement contains more specific terms and warranties. In this sense, the document differs from a sales agreement. This document will legally transfer ownership.ДЄ boat bill of sale explains any pre-existing warranties related to the vessel. Each party should keep a copy as proof of purchase or proof of payment. Be sure to research and understand your stateвЂ™s requirements for a boat bill of sale before buying or selling.Д«oth the purchaser and co-purchaser, along with the seller, should sign the document. When this happens, the bill of sale should include every element required by law. Many bill of sales are regulated at the state level.

This document generally includes seller information, details about the goods, location of the sale, price, buyer details, and method of payment.

#Basic boat notarized bill of sale free#

It can be used for brand new or used boats (even if the exchange takes place between private parties), or a free boat being given as a gift.ДЄlternatively, the sale document also acts as a receipt for the buyer. It is documentation that a seller (and co-seller) of a boat (including a sailboat) uses to document the selling of the boat to a buyer (sometimes referred to as the purchaser). What is a Boat Bill of Sale (Vessel Bill of Sale)?ДЄ bill of sale may be known by many names but functions as proof of payment, as well as documentation that an item has transferred from one owner to the next.