Here is the instruction on how to fill up boat bill of sale:
Please review the entire document before starting your step-by-step process:
1. Location of Sale:
the location where the transaction was made should be indicated here. Or most of the time, the location where the boat is coming from is what indicated on this blank line.
2. Purchase Price:
Write here the amount of payable inclusive of everything. If there are other fees, make sure to make a breakdown for each of them.
3. Names and Addresses of Parties:
Here is where the name of the seller and the buyer should be indicated. The personal address of both parties should also be written here.
4. Boat Location and Description:
These spaces let you to describe completely the boat you’re about to sell or buy. Every bit of details should be written here. the condition which indicates if it’s brand new or not, the year it was manufactured, the company name of the builder, damages, and others.
5. Signatures of both parties should be on the last part.
1. For the Buyer:
As a prospective buyer, you must always know everything about the boat you are about to purchase. If you do not look for the information of a boat’s history, you may end up wasting your money or paying too much more than you supposed to.
Before you agreeing on a purchase and sign a boat bill of sale, it’s smart to read the boat history record to make sure that you are making a good deal out of the sale.
2. For the Seller:
You have to confirm with the local authorities which other documentation – aside from the boat sales agreement – you require for the authorized transfer of possession of the boat.