What is bill of sale for boat and trailer in Tennessee?

In Tennessee, a bill of sale for a boat and trailer is a legal document that records the transfer of ownership from the seller to the buyer. It includes essential information about the boat and trailer, such as the make, model, year, and identification numbers. Additionally, the bill of sale outlines the terms of the sale, including the purchase price and any conditions or warranties. It is important to have a bill of sale to protect both the buyer and the seller and ensure a smooth transaction.

What are the types of bill of sale for boat and trailer in Tennessee?

In Tennessee, there are two types of bill of sale for boat and trailer: a notarized bill of sale and a standard bill of sale. A notarized bill of sale requires the buyer and seller to sign the document in the presence of a notary public. This type of bill of sale adds an extra level of authentication and can be useful for legal purposes. On the other hand, a standard bill of sale is a simpler document that does not require notarization. Both types of bill of sale serve as proof of ownership transfer and should contain all the necessary information about the boat and trailer being sold.

Notarized bill of sale
Standard bill of sale

How to complete bill of sale for boat and trailer in Tennessee

Completing a bill of sale for a boat and trailer in Tennessee is a straightforward process. Here are the steps to follow:

01
Gather all the necessary information about the boat and trailer, including the make, model, year, and identification numbers.
02
Include the buyer and seller's full names, addresses, and contact information.
03
Specify the purchase price and payment terms, such as whether it is cash, check, or any other agreed form of payment.
04
Include any additional terms or conditions of the sale, such as warranties or agreements between the buyer and seller.
05
Both the buyer and seller should sign the bill of sale in the presence of a notary public for a notarized bill of sale.
06
Keep a copy of the completed bill of sale for your records.
07
If required, file the bill of sale with the appropriate authorities in Tennessee.

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Video Tutorial How to Fill Out bill of sale for boat and trailer in tennessee

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