Washington Offer to Purchase Boat

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State:
Multi-State
Control #:
US-01076BG
Format:
Word; 
Rich Text
Instant download

Description

A contract is based upon an agreement. An agreement arises when one person, the offeror, makes an offer and the person to whom is made, the offeree, accepts. There must be both an offer and an acceptance. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Registration fee. watercraft excise tax (0.5 percent of the vessel's value) use tax, unless sales tax or use tax was previously paid or the vessel is otherwise exempt from sales or use tax.

Your boat's registration number provides identification if the boat is in an accident, is overdue, or is missing. If a boat is lost or stolen, the vessel's registration number can be used to return the boat to its owner.

Title, registration & renewal To navigate, operate, employ or moor your vessel in Washington, you must have a Washington title, registration card and registration decals, except: If your vessel is a canoe, kayak, or a vessel not propelled by a motor or sail.

Generally, vessels purchased or used in Washington are subject to sales tax or use tax and must be registered.

Watercraft excise tax (0.5 percent of the vessel's value) use tax, unless sales tax or use tax was previously paid or the vessel is otherwise exempt from sales or use tax.

Yes. Only boats and airplanes owned and held in inventory for sale by a licensed dealer are exempt from property taxes.

Generally, boats exempt from the watercraft excise tax are, instead, subject to the personal property tax. You must list your vessel with the Special Programs Division. Certain vessels are taxed only for the time they are in Washington.

The watercraft excise tax generally applies to all registered boats that are 16 feet or longer. The tax is 0.5 percent of the boat's fair market value and paid on an annual basis.

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Washington Offer to Purchase Boat