Wisconsin Bill of Sale for WaterCraft or Boat

State:
Wisconsin
Control #:
WI-00431A
Format:
Word; 
Rich Text
Instant download

Overview of this form

The Bill of Sale for Watercraft or Boat is a legal document used to transfer ownership of a watercraft, such as a boat, from the seller to the buyer. This form outlines important details, such as the buyer and seller information, the purchase price, and a description of the watercraft being sold. It serves as proof of the transaction and ensures that the seller has legitimate ownership of the boat. Unlike other sales agreements, this form is specifically tailored for watercraft transfers, making it essential for legal compliance in such transactions.

Key components of this form

  • Identification of the seller and buyer, including names and contact information.
  • Purchase price stated in both numeric and written form.
  • Description of the watercraft, including make, model, year, and identification number.
  • Seller's affirmation of ownership and that the watercraft is free from encumbrances.
  • Signature lines for both seller(s) and buyer(s), along with printed names.
  • A section for notarization of the document to enhance its legal validity.

When this form is needed

This Bill of Sale should be used whenever you are purchasing or selling a watercraft. It is particularly important in situations like private sales between individuals, dealer transactions, or gifting a boat, where proof of ownership transfer is needed. This form helps avoid potential disputes about ownership and ensures a clear record of the transaction.

Who should use this form

This form is intended for:

  • Individuals selling their watercraft privately.
  • Buyers looking to purchase a watercraft from a private seller.
  • Boat dealers engaged in transactions with individual customers.
  • Anyone needing to document the transfer of watercraft ownership for legal or tax purposes.

How to prepare this document

  • Identify the parties involved by entering the full names and addresses of both the seller and buyer.
  • Specify the property by providing a detailed description of the watercraft, including its make, model, year, and serial number.
  • Enter the sale price in both numeric and written formats to avoid confusion.
  • Ensure that both parties sign the document, including the printed names beneath the signatures.
  • Have the form notarized to enhance its legal validity if required by local law.

Notarization requirements for this form

This form needs to be notarized to ensure legal validity. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available anytime.

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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

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We protect your documents and personal data by following strict security and privacy standards.

Common mistakes

  • Failing to include all necessary details about the watercraft, such as the identification number.
  • Inaccurate spelling of names or incorrect addresses of the seller or buyer.
  • Not signing the document or failing to have it signed by both parties.
  • Neglecting to have the document notarized when required.

Benefits of using this form online

  • Convenience: Easily download the form from anywhere at any time.
  • Editability: Customize the form to fit your specific needs.
  • Reliable: Access professionally drafted templates that comply with legal standards.

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FAQ

Send a brief email to CSWEB@wisconsin.gov notifying us that your boat has been sold; include your first and last name, customer identification number (if known), the boat's Wisconsin registration number. Use the form below to maintain a record of boat sale for your convenience only. Do not submit this to WDNR.

Write a bill of sale. This document must include a vessel description, Hull number, purchase date, price, the names and addresses (including city state zip) of the parties, and the signatures of both the buyer and seller. If the boat is used, you'll likely need the boat's previous registration number. Boat title.

Bill Of Sale or Receipt for funds paid Details of the buyer and value need to be shown on the paperwork to help prove payment for a private sale. 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.

Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.

Once the sale is complete, the buyer must apply for legal title with the state agency that handles boat registration.Each state will have its own requirements about forms and fees, but, in general, you will be able to use your bill of sale as proof of purchase to obtain the title from the state.

Sign into your GoWILD customer account at GoWild.WI.Gov and fill out your boat registration application online. Using the online site to transfer a titled boat will require you to mail in the boat Certificate of Title and any supporting documents to complete the transfer of ownership.

Wisconsin sales and rentals of watercraft, such as boats and jet skis, are subject to Wisconsin state sales taxes. When a watercraft is stored or docked in Wisconsin, use tax is due on the purchase price of the watercraft. This applies to both new and used watercraft.

A completed a Boat Registration and Titling Application (Form 9400-193). A Boat Bill of Sale. The original certificate of title signed over by the seller. If the boat was subject to a lien, a lien release from the seller.

What is a Wisconsin Bill of Sale? A Wisconsin bill of sale is a document used to verify proof of ownership. There is no requirement to have a Wisconsin bill of sale notarized.

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Wisconsin Bill of Sale for WaterCraft or Boat