Watercraft Bill Of Sale

What is Watercraft Bill Of Sale?

A Watercraft Bill of Sale is a legal document that serves as proof of ownership when transferring the ownership rights of a watercraft from one party to another. It includes important details such as the buyer and seller information, description of the watercraft, purchase price, and date of sale. This document is essential in ensuring a smooth and secure transfer of ownership and protecting the rights of both the buyer and seller.

What are the types of Watercraft Bill Of Sale?

There are several types of Watercraft Bill of Sale depending on the specific transaction and needs. Some common types include:

General Watercraft Bill of Sale: This is a generic document that can be used for any type of watercraft transfer.
Boat Bill of Sale: Specifically used for the transfer of ownership of a boat.
Jet Ski Bill of Sale: Used for the transfer of ownership of a jet ski or other personal watercraft.
Yacht Bill of Sale: Designed for the transfer of ownership of a yacht.
Canoe/Kayak Bill of Sale: Specifically used for the transfer of ownership of a canoe or kayak.

How to complete Watercraft Bill Of Sale

Completing a Watercraft Bill of Sale is a straightforward process. Here are the steps to follow:

01
Fill in the buyer and seller information: Include their full names, addresses, and contact details.
02
Describe the watercraft: Provide accurate details such as make, model, year, hull identification number (HIN), registration number, and any additional features or accessories.
03
Specify the terms of the sale: Include the purchase price, payment method, and any conditions or warranties.
04
Sign and date the document: Both the buyer and seller must sign and date the Bill of Sale to make it legally binding.
05
Notarize the document (if required): In some states, notarization may be necessary for the document to be considered valid.

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Video Tutorial How to Fill Out Watercraft Bill Of Sale

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Questions & answers

A valid bill of sale must contain the date of sale, sales price (excluding trailer), description of the vessel/boat and outboard motor (make, year, and TX or serial number), purchaser(s) name(s) and seller(s) signature(s).
Signing Requirements – Both the buyer and the seller must sign the bill of sale, but it does not need to be notarized.
A copy of a notarized or witnessed bill of sale must accompany all applications, if boat is purchased from an individual. If this boat has been registered in your name in another state, provide a copy of that registration in lieu of a bill of sale. Must provide proof of last registered owner.
A boat bill of sale should include: The name, address and contact information for the buyer. The name, address and contact information for the seller. A description of the boat—brand, model, year of manufacture, length, Hull Identification Number (HIN). State registration number.
The following are particulars in the trailer bill of sale: Purchaser's name and physical address. Seller's name and physical address. Selling price. The date of the deal. The trailer particulars: the model, the make, year of manufacture, VIN. The names and signatures of buyer, seller, witnesses. The notary public.
What information should you include? The names, ID information (if required), and contact details for both the buyer and the seller. The boat's information, including VIN, make, model, year, and registration number. The price of the boat. Conditions of the sale, including any warranties or “as is” status.