The boat bill of sale records the transfer of ownership between two parties trading in watercraft or boating equipment. A legally enforceable document means that if there is a disagreement about the provisions set forth within it, the document will be enforced. In California, if you are a vessel owner, you are probably acquainted with purchasing and selling a boat. If you have dealt with boat owners and purchasers in the past, this procedure may be pretty straightforward.
Due to this situation, many people prefer to sell their boats without completing any official legal paperwork. It is possible to prevent future disagreements by entering into an honest agreement that clearly defines all deal elements. Using a boat bill of sale as a legal instrument may help ensure that both parties understand their responsibilities and that there are no misunderstandings later on according to flsenate.gov. Here are things to keep in mind when filling the bill of sale for the vessel.
Read more about the boat bill of sale at Vessel Documentation Online LLC.