This Bill of Sale Package contains the essential forms needed to transfer ownership of an asset from a seller to a buyer. The following forms are included:
1. Bill of Sale with Warranty by Individual Seller
2. Bill of Sale with Warranty for Corporate Seller
3. Bill of Sale without Warranty by Individual Seller
4. Bill of Sale without Warranty by Corporate Seller
5. Odometer Statement
6. Secured Promissory Note
7. Multistate Promissory Note - Unsecured
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Non-Titleable BoatA Bill of Sale (from Seller to you describing the boat by Hull Identification Number, make, year, date of sale, purchase price, and Seller's signature, or.Seller's signature(in Section 5B of the Vermont Motorboat Registration Application (VD-037), or.More items...
As Vermont is now a participating member of NMVTIS please be advised that for all vehicles not titled in the state of Vermont a registration number will be submitted to NMVTIS as proof of ownership in place of a 13 character title number.
Signing Requirements Both the buyer and the seller must sign the document, but it need not be notarized.
A Vermont Certificate of Registration and validation stickers are required to operate any vessel propelled by a motor on public waters of Vermont. You are required to register all motorboats including jet skis. You don't need to register non-motorized sailboats, canoes, kayaks, or any other non-motorized vessel.
The Vermont title loophole works because the state of Vermont is a non-titling jurisdiction. This means that they give registrations instead of titles for vehicles older than 15 years. For that reason, the registration provided is a valid document that can be used in other states to exchange for a title.
