Next, you'll need to hire a competent marine surveyor. A Boat Bill of Sale is used for transferring the ownership of a watercraft (motorized or non-motorized) from one party to another. Hiring a Broker – Generally, if the boat will be selling for more than $40,000 then it’s best to hire a broker at a local marina. This purchase agreement can be used as a template for power boats, sailboats or inflatables. Please be aware that our agents are not licensed attorneys and cannot address legal questions. However! Find Nimbus boats for sale in Washington, including boat prices, photos, and more. The Seller or his/her agent gives no warranty or guarantee other than those specified above. Most owners know, more or less, the value of their boat. If you're selling or buying a boat, you'll need a Boat Bill of Sale Template to transfer boat ownership. Purchase Price – The amount to be given from the buyer to the seller in exchange for the vessel. If there is a trailer and/or a motor also being bought/sold in the sale, including the specifics of those items. It contains vital information regarding the seller and the buyer of the vessel. The Buyer agrees that the balance of the Purchase price in the sum of ________________ must be paid by ______________20____. The Parties agree to sign all documents necessary to transfer ownership of the boat (and motor, trailer, equipment) from the Seller onto the name of the Buyer within 5 (FIVE) days of signing this agreement of sale. Enter the value of each item to be sold in U.S. dollar amount(s). Types of vessels/boats that can be bought or sold using this Boat Bill of Sale: Cabin Cruiser, Canoe, Ferry, Fishing Boat, Jet Ski, Kayak, Yacht, Powerboat, Rowboat, Sailboat, Skiff, Tugboat. $3,950. These templated contracts are specific to a boat sale, and can be used for a powered or unpowered boat. Other names that refer to a boat bill of sale are Vessel bill of sale, watercraft bill of sale, boat sales contract and bill of sale for boat. OBJECT OF THE AGREEMENT Object of sale Name Type Construction N°/Hull ID N° Build date Sail number Length Width Depth Motor(s) hp kW Type 3. This sum shall be divided equally (50%/50%) between the SELLER and the BROKERS after all expenses incurred against the YACHT by the BUYER have been paid. The parties consent to the jurisdiction of the magistrate's (other ________________) court for the district of ______________________, Signed at ______________________on this ______day of _________________20____. The buyer and seller will have to negotiate which party will be subject to the sales tax (%). Here’s a professionally made Boat Purchase Agreement template you can download at an affordable price. Real estate. A Boat Bill of Sale is used for transferring the ownership of a watercraft (motorized or non-motorized) from one party to another. Agreement for Purchase of Yacht This Agreement for Purchase of Yacht is between a purchaser and seller of a yacht. Family and personal. The best possible option is to have your boat stationed to a dock for easy access, this way buyers can get a true sense of what it’s like to be on your boat in the water. A written agreement will eliminate or minimize questions and problems that could later turn a sweet deal at the dock into a sour one in court. Nevertheless, all important points of the contract are included. First impressions can go along way. Enter make, model, and model year of the boat on the next line of the Alabama Boat Bill of Sale form. Sales Contracts. Download in Adobe PDF, Microsoft Word (.docx), or Open Document Text (.odt). Information pertaining to the following subjects is needed prior to completing your Boat Bill of Sale: Boat – The boat’s condition and specifics which include the Make, Year, Title Number, Hull ID and Odometer reading are to be inscribed in the Bill of Sale. 1. Witnesses Signatures – Each witness must enter the following information: Our support agents are standing by to assist you. For your own protection, you also need your document to record the provisions and terms of the sale between buyer and seller. Note: If the seller is responsible for any repairs to be made prior to the transfer of ownership, it must be specified in your boat bill of sale and it can be done by adding the following: The Seller agrees to do the following repairs to the boat as specified in this agreement: The Seller further agrees that the deadline to effect all the above listed repairs will be done by the following date __________________20______. Buyer – The Name and Signature of the purchasing party. 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