Boat Bill of Sale template

Free boat bill of sale template

A boat bill of sale is used to formally document the transaction for any watercraft, from a small fishing vessel or sailboat to a large yacht. This official purchase record contains the essential details one expects from a boat sales receipt such as the hull identification number (HIN), make, model, year, and the final purchase price, often including a clause stating the boat is sold in "as is" condition.

Docusign’s free bill of sale template provides a blank, fillable sample that covers all necessary specifications and payment terms. This online contract is easy to download, print, and sign, giving both parties a formal record to prevent and protect against disputes. And unlike a leaky as-is vessel, this boat bill of sale is guaranteed to keep your purchase afloat.

For many states, a completed bill of sale is a prerequisite for registering the boat and transferring the title to the new owner. This document can also be used for detailing the sale of associated equipment, like a trailer or motor.

To conveniently edit, sign, and securely save your completed document online, all you need is a free Docusign account. 

What is a boat bill of sale?

A Boat Bill of Sale is a legal document that records the transfer of ownership of a vessel from the seller to the buyer. It serves as a receipt and proof of purchase, and may be required for boat registration and titling in many states. Beyond simply acting as a receipt for the transaction, it serves as irrefutable proof of purchase and a legally-enforceable agreement detailing the terms of the sale.

What is included in a boat bill of sale?

A boat bill of sale is most likely to be legally enforceable and accepted by the appropriate authorities if it includes the following:

• Full legal names and addresses of the seller and buyer

• Date of sale

• Detailed description of the boat (make, model, year, Hull Identification Number (HIN), length, registration and/or title number, and color)

• Purchase price and payment terms

• Statement that the seller is the lawful owner and that the vessel is free of liens (unless otherwise stated)

• Signatures of both the seller and buyer

Additional (optional) clauses

While not required, you may wish to include the following for added clarity or protection:

• Information about an included trailer (make, model, year, VIN, license plate)

• Information about an included outboard motor (make, model, year, serial number, horsepower)

• As-is/no warranty clause or any specific warranties

• Method and timing of payment (e.g., full payment on delivery, payment plan)

• Notary acknowledgment section (if required by your state or for extra security)

• Governing law clause, specifying which state’s laws apply

• Contact information for both parties

Why do you need a boat bill of sale?

For the buyer, it is essential for demonstrating legal title to the vessel, which is a prerequisite for subsequent actions such as boat registration, obtaining a new title, and securing marine insurance. Without a valid Bill of Sale, the buyer may encounter significant difficulties in legally operating the boat or proving their ownership if disputes arise.

For the seller, the boat bill of sale provides a record that they have relinquished ownership, thereby protecting them from any future liability or obligations associated with the vessel once it has been transferred. It also serves as proof of the sale in case of any tax implications or inquiries.

In many states, presenting a properly executed boat bill of sale is a mandatory requirement for registering the vessel with the state's department of motor vehicles (DMV) or equivalent maritime authority, and for obtaining a new Certificate of Title. Without it, the new owner may be unable to legally operate the boat, obtain necessary permits, or secure financing or insurance. Therefore, preparing a comprehensive and accurate boat bill of sale is a critical step in any boat transaction, ensuring a smooth, legal, and well-documented transfer of ownership.