Get Cg-1340.doc

Filling out the CG-1340.DOC, commonly referred to as the bill of sale, is an essential step in documenting the sale or transfer of ownership of a vessel. This guide will provide a clear, step-by-step approach to help users effectively complete this form online.

Follow the steps to successfully complete the CG-1340.DOC.

1. Click the ‘Get Form’ button to access the form and open it for editing.
2. Enter the vessel name in the designated field at the top of the form. Ensure the name matches any existing documentation.
3. Provide the official number or hull identification number of the vessel. If the vessel has never been documented, complete the optional vessel data section on the reverse side.
4. List the names and addresses of all sellers in the next section. Include the total interest owned by each seller. If necessary, attach an additional sheet with any extra sellers.
5. Indicate the total interest owned, specifying if it is less than 100%. Fill in this field with the appropriate percentage.
6. Move to the section for the buyers. Enter the names and addresses of all buyers, alongside their respective share of ownership.
7. State the total interest transferred, which is typically 100% unless specified otherwise.
8. Select the manner of ownership by checking the appropriate box (e.g., joint tenancy, community property). Ensure this accurately reflects the intended ownership structure.
9. Document the consideration received for the vessel, usually stated as one dollar and other valuable consideration. Fill this in unless you wish to keep it optional.
10. Sign and date the form, providing your name and legal capacity in which you are signing. This could be as an owner, agent, or other representative.
11. If applicable, complete the acknowledgment section with the necessary notary details. This may involve a notary public witnessing your signature.
12. Review all entries for accuracy before saving the form. Once completed, you can save your changes, download, print, or share the form as needed.

Complete your CG-1340.DOC online today to ensure a smooth transfer of vessel ownership.