This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
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What do I need to bring to register a vessel purchased from an individual in Alabama? Bill of Sale that includes: (with seller's signature notarized; and complete description of the vessel including the HIN, year, make and model, serial number of the motor and horse power of the motor.
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.
The buyer and seller should enter the following; Purchase Price. Day, Month, and Year of Sale. Buyer and Seller Name. Addresses of the Parties. Boat. Hull Serial Number. Length. Make. Model. Motor (Make & Serial No.) Year. Alabama Registration Decal including Month and Year (if any)
Include the date of the transaction and the names and contact information of both the buyer and the seller. Describe the boat's current condition and any warranties or guarantees provided by the seller. Specify the purchase price and how it will be paid, whether in a lump sum or installments.
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.