Watercraft Bill Of Sale

A watercraft bill of sale is a legal document that the seller uses to transfer the watercraft title to the buyer. Most states in the U.S. require the watercraft bill of sale when transferring the ownership of a watercraft.

To prepare a watercraft bill of sale, you can either draft it or use a handy template.

In addition to this watercraft bill of sale, we also offer you boat bill of sale, trailer bill of sale, and boat and trailer bill of sale.

Watercraft bill of sale details

Whether manually written or use a template, a bill of sale for watercraft must contain the following information.

• Detailed buyer and seller’s information such as name and address.
• Information on watercraft that was sold such as the manufacturer such as make, model, length, horsepower, the hull identification number, etc.
• Purchased prices of the watercraft.
• The signatures of buyer and seller.

The importance of the watercraft bill of sale

Both buyer and seller should retain a hard copy of the watercraft bill of sale.

The buyer needs a copy of the bill of sale to register it at the local DMV. Most states in the US require a citizen to register for boats. Sometimes, new residents need to pay sales tax when registering watercraft.

The Buyer can also use the bill of sale to apply for an insurance plan for the watercraft.

The seller uses the bill of sale to avoid any issues that may happen to the watercraft. It protects the seller and proves that the seller will not be liable for the watercraft after the sale.

How to use the watercraft bill of sale

You can download the following watercraft bill of sale to make watercraft bill of sale. It is an editable Word document, so you can not only use it right away but also customize it to fit your needs. To use the watercraft bill of sale template, please follow the steps below:

1. Download the ZIP file and extract it.
2. Open the template file in Microsoft Word and fill out the necessary information
3. Print out 2 copies of the bill.