Bills of sale can help to prove the identity of a vessel’s true legal owner. It also details the terms of the sale, including information about price, delivery, and condition. It proves that ownership of a particular piece of property has changed hands.
With the enclosed documents and instructions, you can firm up the terms of your arrangement and prepare for your boat’s new titling and registration.Ī bill of sale is like a receipt.
Your vessel transfer also requires filings with your state’s motor vehicle department and other local agencies- filings that call for a complete, well-drafted bill of sale. In the modern marketplace, your transaction can’t be completed with a simple handshake and a wave goodbye. You’ve listed your boat and you’ve found your buyer - it’s time to finish your deal.
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