We provide you with free boat bill of sale form that helps both buyer and seller to complete paper work quickly in boat selling transaction.
In case you sell both both and trailer, we have a bill of sale form for boat and trailer that you can use. In addition, if you sell a trailer only, we also have the trailer bill of sale form for your sales transaction.
What is a boat bill of sale form
Boat bill of sale form is a legal document that transfers the title of ownership of a boat with all rights and interests from one individual to another, that is, from the seller to the buyer. Bill of sale form for boat has the essential information to show that the transaction of selling or buying a boat took place.
The importance of using the boat bill of sale form is that it legally binds the buyer and the seller to the transaction. A proper filled bill of sale form is crucial to prove ownership of the boat being sold. Using a bill of sale is also a way of minimizing fraud as well as limiting the potential of illegally seizing your boat.
Information on boat bill of sale
Central to the structure of bill of sale form is the name and the identifying data of the seller and the buyer. This includes the legal names, email address, phone numbers and permanent address of the seller and the buyer.
The details of the boat are also part of the bill of sale form for the boat, like the model, make, engine serial, year of manufacture and condition of the boat. There are sections for the form of payment, date of transaction and signatures of both buyer and seller.
The importance of having a boat bill of sale form
The boat bill of sale is considered binding when both the buyer and the seller sign the document. Boat bill of sale form shows that the business was conducted in manner that is agreeable to both parties. The boat bill of sale form is therefore important to both the seller and the buyer.
In addition, buyer can use the boat bill of sale form for buying a insurance plan for the boat.
Boat bill of sale form format
We provide you with a free bill of sale form for boat in both editable Microsoft Word and PDF format. If you find the PDF form is enough, you just go ahead to download and use it. Otherwise use can download the editable version and change the content based on your needs.