![]() Should someone believe that there’s something fraudulent about the sale, then the buyer can use this document to show that everything about `the sale was on the “up and up.” A bill of sale is a document that can give a buyer the peace of mind so that they don’t have to worry about having to deal with scurrilous fraud accusations. The buyer is protected because it keeps them from accusations of fraud. In fact, that’s one of the main reasons to get a bill of sale document. These documents are meant to protect you, and you want to make sure that they do. By that same token, if you are selling your boat, don’t sign this particular document until the buyer has made the funds completely available to you. To be perfectly honest, you should sign the document only after the seller has delivered the boat to the buyer. You want to wait before you sign one of these forms. Some people feel that they should sign it quickly, once they’ve decided to sell or buy the boat, but that’s not the case. Make sure that they do put that information into the document.īy that same token, be careful of when you sign off on the bill of sale document. If you’re buying a boat from someone and they don’t include the motor in this document, be wary. ![]() Motors are too important to be overlooked. They should be included in these documents with their itemized prices. Boat motors can be very powerful, but they can also be temperamental and weaken quickly. However, if your boat does have a motor, it’s important to keep that in the bill of sale document. Of course, if you are transferring a non-motorized boat, then you don’t have to worry about a motor. With many trailers, the trailer can hold the boat for a long period of time when it’s not in the water. A trailer can be necessary not just for taking the boat from one place to another it can also come in very handy when storing a boat for the winter or off season. If you’ve never had a boat before, these can be critical elements for when you’re dealing with the transfer of a boat. It should also have any trailer or motor that’s included in the transfer or sale. Of course, that’s not all of the information that this document should contain within it.Ī bill of sale should mention more than just what the boat is. So, this document can be used for any kind of boat whether it’s an enormous cruise ship with multiple floors, or a sailboat that’s just meant for one sailor. It’s important to note the use of the word “watercraft.” That’s because it can be any kind of boat, whether motorized or un-motorized. Why a Boat Bill of SaleĪt its simplest definition, a bill of sale is a document that you use to transfer ownership of a watercraft. A boat bill of sale can come in handy in many different ways. That’s just some of the millions of great things you can do in a boat. Maybe you’re looking to entertain some clients or family members that you don’t see all that often, and you’re looking for the most impressive and pleasurable way to do it. ![]() Perhaps you’ve decided to start your own maritime business, and you need a great boat to take out on the water. Maybe you’re out on the lake with the people you care about most. Taking your boat out on the water is an experience, no matter where you are. ![]() There’s no pleasure in life quite like having a boat.
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