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A bill of sale is a formal document signed by the seller and buyer that states the details of the vehicle sale, including price and date. In the state of Massachusetts, this is typically only necessary for registration if the vehicle is exempt from the Certificate of Title because of its age.
FAQ: About the Massachusetts Bill of Sale It must include all identifying information about the item and sale, including the date and price of purchase, plus contact information and signatures for the buyer and seller.
Sellers usually draft bills of sale, but a buyer is free to do so as well. You can use a state-drafted document when you buy or sell a boat, but for other transactions, you will need to create your own.