OTHER NAMES
Boat Bill of Sale
What is a Vessel Bill of Sale?
A Vessel Bill of Sale is a legal document that enables a buyer or seller to transfer ownership of a boat or other watercraft in writing. Whether you are buying or selling the vessel, a Bill of Sale helps to make the transaction official. This document serves as the official receipt of the sale and records key details, such as the sale price, warranties, and odometer reading. A Vessel Bill of Sale can help to protect the buyer and seller after the transaction by ensuring that everyone is on the same page about the condition of the vessel before money changes hands.
When to use a Vessel Bill of Sale:
- You own a boat or watercraft which will be sold or transferred to another person.
- You plan to buy a boat from an individual rather than a dealer.