This is a bill of sale for the sale of a watercraft such as a boat. It provides for the seller, buyer consideration and boat description.
Printable Generic Bill Of Sale For Boat
Category:
State:
Alabama
Control #:
AL-00431A
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Alabama Bill Of Sale For WaterCraft Or Boat?
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FAQ
What information should you include? 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.
If selling a pleasure craft, you must transfer ownership by signing the reverse side of your vessel license and providing it to the purchaser. The purchaser is obligated to complete and sign the reverse side of the vessel license and submit it to Service Canada for transfer within 90 days.
What information should you include? 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.
By statute, vessels may only be registered by the legal owner (52-7-5). If a living legal owner sells a vessel, a bill of sale from the owner and the owner's registration card and a transfer paper title (if it exits) are sufficient to transfer the vessel registration to the new owner.
Whether purchasing or selling a boat, a bill of sale must be included in the transaction. A bill of sale helps protect the buyer from accusations of fraud by showing proof of payment in good faith while also protecting the Seller if any problems are to arise after the sale.