Do I Need a Bill of Sale for My Boat?
In a number of states, having a valid bill of sale for a boat is an essential step to registering your vessel.
However, even in jurisdictions where this isn’t the case, it is still worthwhile to complete your transaction using this kind of sales slip.
The bill of sale also gives the boat buyer and seller a number of protections, such as:
- Protection against fraud: With a signed document, it allows you to contest a fraudulent transaction.
- Proves clear ownership: A Boat Bill of Sale provides clear evidence that the ownership of the boat has been transferred.