Buying a boat is a great thrill, but it is also a big financial commitment on your part. A large recreational or commercial vessel can cost a great deal, so you want to make sure everything about the transaction goes as smoothly as possible from start to finish. You want to do your homework, know what you are looking at and looking for, get the proper financing in place, have the boat inspected and more before you agree on a final price. An essential part of the transaction for you is going to be the bill of sale, which will provide you with the proof of the transfer of ownership you need to prove you legally own the boat. You can get a boat bill of sale form from many sources online so you can be sure it has the language you need on the form.
Each State is Different
Different states have different requirements regarding a legal USCG bill of sale in their jurisdiction, so you want to make sure you get a form that applies to the state where you reside so you can register the information properly. Many of the state Department of Motor Vehicles have forms listed on their websites that can be used as a bill of sale for your transaction, so you are sure it will contain what is needed. There are also numerous boating websites where you can find forms or templates for forms that you can download and print at no cost to you.
Using the Form
Once you get a boat bill of sale form, you want to make sure it is filled out completely and accurately by you and the seller. Basic information regarding your names and addresses, the price agreed on for the boat, the boat identification number and the details of any accessories included in the sale should all be included in the bill of sale. You also want spaces for your signatures, signatures of witnesses to the transaction and space for the document to get notarized by a notary public.
Using a Bill of Sale
Your completed boat bill of sale form is important for you to use for state registration and federal registration if you want a Coast Guard documentation number. To get Coast Guard documentation or perform other paperwork services with the Coast Guard, you can come to us at U.S. Vessel Documentation, Inc. We are a third-party agency that can handle the filing of paperwork with the Coast Guard on your behalf to simplify the process. You can find out more about the services we offer and use our easy, online filing methods at our website.