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.
Boat Bill Of Sale Virginia With Down Payment
Category:
State:
Virginia
Control #:
VA-00431A
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Virginia Bill Of Sale For WaterCraft Or Boat?
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FAQ
Bill Of Sale or Receipt for funds paid The bill of sale or receipt must include a description and hull identification number, purchase date, price, and the name and signature of the seller.
Signing Requirements Virginia does not have an official bill of sale and hence no mandated signing requirements. The transfer of ownership of vehicles older than five years must be accompanied by Form SUT 1, which must be signed by both the buyer and the seller. The form does not need to be notarized.
If titled in Virginia: the original Certificate of Title with assignment of title completed by titled owner/owners and, if purchased from a dealer, a sales invoice showing gross purchase price, watercraft sales tax paid and a description of the watercraft.
If the boat has no current title, a completed Bill of Sale signed by both parties must be obtained. Complete the Application to Register and Title a Boat. Make a check or money payable to the Treasurer of Virginia for the applicable boat titling and registration fees.
Unlike many other states, Virginia does not require a bill of sale to sell your car. That being said, a bill of sale is a legal record that proves the transaction was carried out. Therefore, it's suggested that a bill of sale is created for the benefit of both the buyer and the seller.