Why you need a Bill of Sale for your Boat
Top 10 Reasons to get a Bill of Sale for your Boat
A fellow boat owner once told me that the best two days to own a boat are the day you buy it and the day you sell it. Okay, this may be
a somewhat cynical approach to boat ownership, but there may be something in this statement. Indeed, the day you buy a boat and sell
it are two exceptionally extremely important times in transferring ownership. Part of the ownership transferal is the boat bill of sale.
You may have heard the term boat bill of sale mentioned before. However, many people are unaware of what a boat bill of sale is or why
it is so essential.
Therefore, this article aims to explain why you need a bill of sale for a boat. It also goes into some detail about the bill of sale itself. We
will cover the following topics:
What is a Boat Bill of Sale?
Conditions for a Boat Bill of Sale.
Moveable and Tangible Assets.
Information Contained Within a Boat Bill of Sale.
‘As Is’ Condition.
Reasons for Having a Boat Bill of Sale.
Type of Boat – Pleasure Craft or Small Vessel? Documented or Registered?
How Does a Boat Bill of Sale Differ From a Sales Agreement?
Creating a Boat Bill of Sale – Important Questions to Answer
Drafting a Bill of Sale for boat.
Boat Bill of Sale Templates
Filling Out a DIY Template
Wait… Before getting into the complexities of the law and how to write a Bill of Sale on your own, here is a link to a template builder so
you can print a custom affordable Bill of Sale. Simply answer a few questions and print!
What is a boat bill of sale?
When the day comes to sell your boat, you will want to ensure the process runs smoothly and everything is handled correctly. It is not
merely a case of receiving a check, handing over the keys, and being done with it – the process needs to be documented, and that is the
purpose of the bill of sale.
The boat bill of sale consists of a document that provides proof of legal transfer of a boat’s ownership from one party to another. You