Boat Bill of Sale Templates By States:
Alabama | Florida | Georgia | North Carolina | Tennessee | Texas
Initial Information on a Boat Bill of Sale
It is a document created for two main purposes:
- Provide proof of purchase
- Determine important warranties
In essence, it is like a receipt. This document proves that ownership has been transferred to you from the seller or from you to the buyer.
Is it an obligatory document when it comes to selling or buying a boat? This aspect depends on the peculiarities of your state’s legislation:
- Required (Arizona, Illinois, Louisiana, and others)
- Required in some cases (Pennsylvania, Tennessee, Mississippi, and others)
- Not necessarily required (Iowa, Missouri, New Hampshire, and others)
- Not required (Wisconsin, West Virginia, Utah, and others)
While the term “boat” is used here, the document is used for any watercraft, from a huge cruise ship to a simple sailboat. It is suitable to the same extent for deals with motorized or non-motorized boats.
It is a rather simple legal document that contains basic information about the deal, such as names of previous and current owners, price, and some watercraft’s details. All other terms applied to the deal should be determined in the contract or agreement. They may include cancellation of purchase, payment terms, and other conditions. When using this document for registration, you should make sure that it matches the relevant requirements of the registration department of your state.