How to write a bill of sale for a boat.
Learn how to sell your boat properly by creating a bill of sale and using Adobe Sign to add signatures online.
Selling your boat isn’t as simple as just shaking someone’s hand and depositing a check. Write a bill of sale for your boat to make the exchange official and protect yourself from potential legal issues.
What’s a bill of sale?
A bill of sale is a legal document to show the transfer of an item from seller to buyer. It’s like a receipt you get from a store, but with much more legal power. They’re typically used for larger purchases like cars, machinery, appliances, and boats.
Since it shows the transfer of ownership, a bill of sale can be used as proof of ownership for the buyer. The buyer can use the bill of sale to transfer the boat’s title, update the registration, and add insurance.
What information should you include?
When you write a bill of sale for a boat, it’s important to be specific. Use as much detail as possible, so both you and the buyer are clear about the agreement before signing on the dotted line. You’ll want to include at least the following information:
- The names, ID information (if required), and contact details for both the buyer and the seller
- The boat’s information, including VIN, make, model, year, and registration number
- The price of the boat
- Conditions of the sale, including any warranties or “as is” status
To make sure you don’t forget anything, it’s a good idea to download a bill of sale template from the internet. Just make sure the bill of sale you choose is suited for boats and that it’s compatible with your state’s laws.
Legally sign documents online.
Like all legal documents, a bill of sale is only official with the appropriate signatures. To simplify the process, use an online signature with software like Adobe Sign, so both parties can sign without needing to meet in person.