Boston Whaler Outrage or Sea Ray Sundancer)īeyond the basic information about the vessel, if you’re buying or selling a motorized vessel, you will likely be required to provide some information about the engine as well. Boat Hull Identification Number (Or HIN).Basic Vessel Information And Hull ID (HIN)įirst, you will need some required information about the boat you are purchasing, who built it, and when it was constructed. Let’s take a look at the basic information that should be on every boat bill of sale. Not to mention you may face issues when you go to register your boat, get your required boat decals and stickers and pay the appropriate sales taxes and fees. Without this basic information your sale could potentially be challenged in court and/or may not even constitute a valid transaction. What A Boat Bill Of Sale Should IncludeĪs a general rule there are a few things that a boat bill of sale must include. There are many templates available online but you can also draft your own but an attorney can also help to prepare a bill of sale. A boat bill of sale should include the information required by your state and local town. Example Boat Bill Of Saleīoat Trader has provided an example bill of sale that you can download here and edit as needed, to adhere to your local regulations as well as any state and federal laws and guidelines, in order to meet your specific needs. Regardless of your state’s requirements, having a clear bill of sale is always wise because it can protect you legally should any future disputes arise. may have their own requirements for a bill of sale for a vessel, and it may differ by size, weight and class (such as motorboats versus sailboats versus non-motorized, as well as boats under certain lengths/horsepower). Legal Requirements: Federal, State & LocalĮach state in the U.S. Click to download the above sample boat bill of sale now. Let’s take a look at some of the basics of writing a boat bill of sale.Ībove: Screenshot of an example Boat Bill Of Sale from Boat Trader. On the flip side, if you’re buying a boat, you’ll want to make sure you have a clear bill of sale along with the title for the vessel and any other equipment being sold to you, such as the trailer and the engine. When selling a boat, a boat bill of sale is perhaps one of the most important documents you will need to have ready when you’re ready to actually sell your boat. A bill of sale is a document that outlines the terms of a transaction between a private seller and a buyer and legally transfers the ownership of property.
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