A boat bill of sale template is essential for registering the boat with your local DMV or boating authority. Whether the boat is motorized or not, most states require a bill of sale for registration and legal protection.
Boat Bill of Sale Forms by State
How to Sell a Boat – Step-by-Step Guide
Step 1 – List Inclusions in the Sale
Step 2 – Determine the Boat’s Market Value
Step 3 – Advertise the Boat for Sale
- Use a Broker: For boats valued over $40,000, hiring a licensed broker at a marina can help you find buyers faster.
- Sell By Owner: For lower-value boats, you may choose to list and negotiate directly with buyers.
Top Websites to Sell Your Boat
Step 4 – Show the Boat to Potential Buyers
Step 5 – Negotiate and Finalize Terms
Step 6 – Exchange Payment and Documents
Step 7 – Register the Boat
Signatures and Payment Terms
The sale is legally binding once the boat bill of sale form is signed by both the buyer and the seller. However, it is highly recommended that the seller only signs the document after receiving full payment to avoid disputes.
U.S. Coast Guard Boat Documentation
If your boat qualifies, you may also register it with the U.S. Coast Guard. Visit the official site for more information:
U.S. Coast Guard Boating Website
Sample Boat Bill of Sale PDF
Frequently Asked Questions (FAQs)
Do I need a bill of sale to sell a boat?
Yes. A boat bill of sale is required in most states to legally transfer ownership and register the vessel in the buyer’s name. It protects both the buyer and seller.
Does a boat bill of sale need to be notarized?
Some states require notarization, while others do not. It’s best to check with your local DMV or boating authority. Even if not required, notarization adds legal protection to the transaction.
Can I write my own bill of sale for a boat?
Yes. You can create your own bill of sale as long as it includes essential details such as buyer and seller information, boat description, price, date of sale, and signatures. Using a template ensures all legal requirements are met.
What information should be included in a boat bill of sale?
The form should include the make, model, year, hull ID number (HIN), sale price, date of sale, and the names, addresses, and signatures of both the buyer and seller. If applicable, include trailer or motor details.
How do I register a boat after purchase?
Take the completed and signed bill of sale to your state’s Department of Motor Vehicles (DMV) or boating agency. You’ll typically need to submit the title, bill of sale, registration fees, and identification.
Can I sell a boat without a title?
In most states, a title is required to sell a boat. If the title is missing, contact your local boating authority to apply for a replacement before completing the sale.