Why You Need a Bill of Sale — Even if Your State Doesn't Require One

A bill of sale is your paper trail. Even in states where it's not technically required to transfer a title, it protects you in these scenarios:

  • The seller claims they didn't receive payment or the price was different
  • The boat is found to have been involved in an incident that occurred before your purchase
  • The title is lost after the sale and you need to prove you own the boat
  • You need to register the boat in a different state later, and that state asks for proof of purchase
  • The IRS or state tax authority questions the reported sale price

Always get a bill of sale. Always keep a copy. Never let the seller keep the only copy.

What a Boat Bill of Sale Must Include

  • Date of sale — The exact date ownership transferred
  • Seller's full legal name and address — Must match the name on the title exactly
  • Buyer's full legal name and address — Your legal name as it will appear on the new title
  • Hull Identification Number (HIN) — 12-character code on the transom
  • Vessel year — Model year
  • Vessel make/manufacturer — e.g., Tracker, Alumacraft, Sea Ray, Boston Whaler
  • Vessel model — e.g., Bass Tracker Pro 175, Sundancer 320
  • Overall length — in feet and inches
  • Engine make, model, and serial number — Outboard or I/O; if inboard, include engine serial
  • Engine horsepower
  • Purchase price — Exact dollar amount (states use this for sales tax calculation)
  • Statement that seller warrants clear title — "Seller represents that the vessel is free and clear of all liens and encumbrances"
  • Both parties' signatures — Seller and buyer sign; witness signatures where required
  • Notarization — Required in some states (see below)

Which States Require a Notarized Bill of Sale?

StateNotarization Required?When Required
FloridaNoNot required for standard transfers
TexasNoNot required
MichiganSometimesRequired for vessels over $5,000 or 20+ feet
OhioNoNot required
GeorgiaNoNot required (strongly recommended)
TennesseeRecommendedRequired for no-title (pre-1973) registration
IndianaYesRequired for all vessel transfers
AlabamaRecommendedRequired for pre-1973 no-title registration
North CarolinaNoNot required
CaliforniaNoNot required
💡 Always Notarize Anyway

Even when not required, notarization costs $5–$15 at any UPS Store, bank, or shipping center. It makes your bill of sale legally stronger and eliminates the most common reason for application rejections. If you're buying a valuable boat, it's cheap insurance.

Printable Bill of Sale Template

BILL OF SALE — VESSEL

This Bill of Sale is made on   between:

SELLER:  

Seller Address:  

BUYER:  

Buyer Address:  


VESSEL DESCRIPTION

Year:     Make:     Model:  

Length:   ft   Hull Identification Number (HIN):  

Engine Make/Model:     Engine Serial #:     HP:  

Trailer (if included):     Trailer VIN:  


SALE TERMS

Purchase Price: $ 

The Seller hereby warrants that: (1) the Seller is the legal owner of the above-described vessel; (2) the vessel is free and clear of all liens, encumbrances, and claims of third parties; (3) the Seller has the legal right to sell this vessel.

The vessel is sold "AS IS" with no warranties expressed or implied unless separately noted in writing.

 

Seller Signature / Date

 

Seller Printed Name

 

Buyer Signature / Date

 

Buyer Printed Name

NOTARIZATION (if required or desired)

State of _______________ , County of _______________

Subscribed and sworn before me this _____ day of _____________, 20____

 

Notary Public Signature / Commission Expiration

Print two copies — one for buyer, one for seller. Both parties should keep a copy.

Disclaimer: This template is provided for informational purposes. It does not constitute legal advice. Consult an attorney for complex transactions or high-value vessels.