Boat/Vessel Sale Agreement (Bill of Sale)

BOAT/VESSEL SALE AGREEMENT (BILL OF SALE)

PARTIES

This Boat/Vessel Sale Agreement ("Agreement" or "Bill of Sale") is entered into as of [DATE] by and between:

SELLER:
Name: [FULL LEGAL NAME]
Address: [ADDRESS]
Phone: [PHONE]
Email: [EMAIL]

BUYER:
Name: [FULL LEGAL NAME]
Address: [ADDRESS]
Phone: [PHONE]
Email: [EMAIL]

1. VESSEL DESCRIPTION

1.1 Hull Information

1.2 Registration/Documentation

1.3 Engine(s)/Propulsion

Engine 1:
| Field | Information |
|-------|-------------|
| Make | [MAKE] |
| Model | [MODEL] |
| Serial Number | [SERIAL] |
| Year | [YEAR] |
| Horsepower | [HP] |
| Type | ☐ Outboard ☐ Inboard ☐ I/O ☐ Jet |
| Fuel Type | ☐ Gasoline ☐ Diesel ☐ Electric |
| Hours | [HOURS] |

Engine 2 (if applicable):
| Field | Information |
|-------|-------------|
| Make | [MAKE] |
| Model | [MODEL] |
| Serial Number | [SERIAL] |
| Year | [YEAR] |
| Horsepower | [HP] |
| Hours | [HOURS] |

1.4 Trailer (if included)

☐ No trailer included

☐ Trailer included:

2. INCLUDED EQUIPMENT AND ACCESSORIES

2.1 Standard Equipment

☐ Navigation lights

☐ Bilge pump

☐ Fire extinguisher(s)

☐ Anchor and rode

☐ Dock lines

☐ Fenders/bumpers

☐ Battery(ies)

☐ Fuel tank(s)

☐ [OTHER STANDARD EQUIPMENT]

2.2 Electronics

☐ GPS/Chartplotter - Make/Model: _____________

☐ Depth finder/Fish finder - Make/Model: _____________

☐ VHF Radio - Make/Model: _____________

☐ Radar - Make/Model: _____________

☐ Autopilot - Make/Model: _____________

☐ Stereo/Sound system - Make/Model: _____________

☐ [OTHER ELECTRONICS]

2.3 Safety Equipment

☐ Life jackets (Quantity: _____)

☐ Throwable flotation device

☐ Flares/Visual distress signals

☐ First aid kit

☐ Emergency horn

☐ EPIRB

☐ Life raft

☐ [OTHER SAFETY EQUIPMENT]

2.4 Additional Equipment/Accessories

[LIST ALL ADDITIONAL ITEMS INCLUDED IN SALE]

_____________________________________________________________________________
_____________________________________________________________________________

3. VESSEL CONDITION

3.1 Seller's Disclosure

Hull Condition:
☐ No damage ☐ Previous damage repaired ☐ Current damage: _____________

Engine Condition:
☐ Operational ☐ Needs service ☐ Not operational

Electrical System:
☐ Operational ☐ Needs repair: _____________

Known Defects or Issues:
_____________________________________________________________________________

Service History Available:
☐ Yes - Records provided ☐ Partial records ☐ No records available

3.2 Survey and Inspection

☐ Buyer elects not to obtain a marine survey after having an opportunity to do so

☐ Sale contingent on satisfactory marine survey

Survey deadline: [DATE]

Survey to be performed by: [NAME OR "Buyer's choice"]

Cost responsibility: ☐ Buyer ☐ Seller ☐ Split

☐ Sea trial to be conducted

Date: [DATE]

Location: [LOCATION]

4. PURCHASE PRICE AND PAYMENT

4.1 Purchase Price

4.2 Deposit

☐ Deposit: $[AMOUNT] paid on [DATE]

☐ Deposit is: ☐ Refundable if survey unsatisfactory ☐ Non-refundable

4.3 Balance Payment

☐ Cash ☐ Certified Check ☐ Wire Transfer ☐ Financing

Balance due: $[AMOUNT] on [DATE]

4.4 Escrow (if applicable)

☐ Funds to be held in escrow by: [ESCROW AGENT]

5. TRANSFER OF OWNERSHIP

5.1 Documents to be Provided by Seller

☐ State Certificate of Title (if titled state)

☐ USCG Certificate of Documentation (if documented)

☐ Bill of Sale (this document)

☐ State Registration

☐ Release of Lien (if applicable)

☐ Manufacturer's Statement of Origin (if new)

☐ Trailer title (if applicable)

☐ Equipment manuals

☐ Service records

☐ Keys (Quantity: _____)

5.2 Liens and Encumbrances

Seller represents:

☐ Vessel is free and clear of all liens and encumbrances

☐ Vessel has the following liens which will be satisfied at closing:

Lienholder: _____________ Amount: $_____________

5.3 Intended Closing and Title-Transfer Record

The parties intend their commercial closing to occur upon:

☐ Confirmed full payment

☐ Physical delivery and acceptance

☐ Completion of the listed title, registration, documentation, and lien-release steps

☐ Other: [________________________________]

Intended closing date and time: [DATE / TIME]

This entry records the parties' intent. Counsel and the responsible state or federal office must confirm when legal title transfers and which original documents must be delivered or filed.

6. DELIVERY

6.1 Delivery Location

☐ Vessel currently located at: [MARINA/ADDRESS]

☐ Delivery to: [LOCATION]

☐ Buyer to pick up at: [LOCATION]

6.2 Delivery Costs

☐ Included in purchase price

☐ Buyer responsibility

☐ Additional delivery fee: $[AMOUNT]

6.3 Risk of Loss

Risk of loss transfers to Buyer upon:

☐ Execution and full payment

☐ Physical delivery

☐ Completion of sea trial

7. CONDITION AND WARRANTY ELECTION

7.1 Warranty Status

☐ Locally reviewed condition / warranty disclaimer attached as Exhibit [____]

Do not rely on a generic “as-is” sentence. The effectiveness and required wording of a warranty disclaimer can depend on governing law, whether the seller is a merchant or dealer, the vessel and included goods, consumer-protection rules, disclosure duties, and the presentation of the clause. Attach the exact language approved for this transaction.

☐ Seller's express limited warranty attached as Exhibit [____]

[DESCRIBE WARRANTY TERMS]

☐ Manufacturer or service-contract transfer materials attached

Remaining warranty: _____________

7.2 Seller's Representations

Seller represents:

☐ Seller is the legal owner with authority to sell

☐ HIN is accurate and has not been altered

☐ Engine hours are accurate to the best of Seller's knowledge

☐ No undisclosed structural damage

☐ All disclosures are true and complete

8. BUYER ACKNOWLEDGMENTS

Buyer acknowledges:

☐ Opportunity to inspect the vessel

☐ Opportunity for marine survey and sea trial

☐ Receipt and review of the selected condition / warranty exhibit

☐ Responsibility for obtaining insurance

☐ Responsibility for registration/documentation transfer

☐ Compliance with all applicable boating laws

☐ Review of the parties' completed delivery and risk-allocation entries

9. OPTIONAL RISK-ALLOCATION ADDENDUM

☐ No indemnity or liability-allocation addendum is included.

☐ A jurisdiction- and insurance-reviewed indemnity / liability-allocation addendum is attached as Exhibit [____].

The core form does not create an automatic indemnity, liability cap, consequential-damages exclusion, or fee-shifting remedy. Any such allocation must identify the covered claims, exclusions, defense control, insurance interaction, governing law, and signer authority.

10. GOVERNING-LAW AND DISPUTE ADDENDUM

☐ No dispute addendum is included.

☐ A locally reviewed governing-law, forum, mediation, arbitration, jury, remedies, and fees addendum is attached as Exhibit [____].

Governing jurisdiction selected after review: [STATE / COUNTRY]

11. SIGNATURES

By signing below, the parties agree to all terms and conditions.

SELLER:

Signature: _________________________________

Print Name: _________________________________

Date: _________________________________

BUYER:

Signature: _________________________________

Print Name: _________________________________

Date: _________________________________

WITNESS (ONLY IF SELECTED OR REQUIRED AFTER REVIEW)

Witness Signature: _________________________________

Print Name: _________________________________

Date: _________________________________

NOTARY ACKNOWLEDGMENT (ONLY IF REQUIRED OR SELECTED AFTER REVIEW)

Attach the current certificate form approved for the place of notarization and the act performed. Do not use a generic acknowledgment without confirming the authorized wording, signer appearance method, notary authority, and seal requirements.

Certificate attached as Exhibit: [____]

DOCUMENT CONTROL

JURISDICTION AND CLOSING CHECKLIST

☐ Seller status identified: ☐ private seller ☐ dealer / merchant ☐ broker / agent

☐ Vessel location, intended closing location, delivery location, and principal-use location recorded

☐ State title and registration office requirements confirmed

☐ Federal documentation status and required filings confirmed, if applicable

☐ Current lien / security-interest search and payoff documents completed

☐ Trailer title and registration handled separately where required

☐ Tax collection, reporting, exemption, and fee responsibilities confirmed

☐ Dealer, consumer, disclosure, emissions, safety, export/import, or other transaction-specific requirements confirmed

☐ Required original signatures, witnesses, acknowledgments, notarization, and filing format confirmed

☐ Insurance effective date and custody / risk arrangements confirmed

☐ Every attached addendum identified by title, date, and version