| It is important to utilize a boat bill of sale form when | | | | have a slightly different process by which the |
| buying or selling a used boat. A bill of sale form | | | | registration occurs, but the basic information listed |
| provides the seller with proof that the new owner is | | | | above is common to all states and required |
| now legally responsible for the boat. For the buyer, a | | | | everywhere. |
| bill of sale form is proof of purchase that the boat is | | | | A boat bill of sale form when correctly filled out |
| theirs. | | | | provides protection and security for both the buyer |
| When utilizing a boat bill of sale form, it is suggested | | | | and the seller. The seller is protected as they now |
| that it contains the following; | | | | have proof as to when the boat was legally |
| 1. the name and residential address of the purchaser. | | | | transferred. All monies owed or fines accrued on the |
| 2. the name and residential address of the seller. | | | | vessel after this time are now the responsibility of |
| 3. a thorough description of the vessel, including | | | | the new owner. Similarly the purchaser is protected |
| make, model and hull identification number. | | | | as they have a record of the date at which they |
| 4. the sale price. | | | | bought the boat and anything that happened before |
| 5. the time and date of sale. | | | | that date can be shown to be the result of the |
| 6. the signatures of both the buyer and the seller. | | | | previous owners actions. |
| Many states in the US will need you to provide a | | | | All buyers and sellers of second-hand boats are |
| boat bill of sale form before you can register the | | | | advised to make use of a boat bill of sale form for |
| boat in your name. It is probable that each state may | | | | their own protection and peace of mind. |