What is the Boat Bill Of Sale?

what is the boat bill of sale

Boat Bill Of Sale

If you’re planning to buy or sell your boat, you need to make sure you know what is the boat bill of sale. This document is essential to transfer all ownership rights of the boat from one owner to another. So before you close the deal, make sure you get this important paper in order to have a safe, legal transaction. At Vessel Documentation Online, LLC, we can assists you with your boat Bill of Sale and any other documentation you may need for your vessel. We are a third party agency that handles USCG Documentation processing to NVDC.

what is the boat bill of saleHow to use the boat bill of sale

There are basically two ways to use a boat bill of sale:

  • When you’re the owner of a vessel transferring the ownership to another person.
  • When you purchase a boat from an individual, instead of a dealer.

The Boat Bill of Sale is a proof of your ownership rights on a new boat or vessel. It’s also mandatory to have it for an insurance company that may take care of your vessel. Some insurers may ask you for a watercraft bill of sale or a vessel bill of sale. Don’t worry: they both belong to the boat bill of sale. Before the bill of sale is filed, you need the names of every party involved. All records must have the names, full addresses and license numbers of both the buyer and the seller. Some other useful data include the vessel’s identification number, its maker, and model. It’s also very important to list those after-market additions. All this information is important to avoid any eventual trouble or disagreement after the transaction is done. For this reason, once the sale is complete, it’s very important to get a written proof of the agreement and multiple copies of the boat bill of sale.

Get the proper help from Vessel Documentation Online, LLC

Now that you are not left wondering what the Boat Bill of Sale is, you need a reliable service to finish the whole process and start enjoying your new vessel. At Vessel Documentation Online, LLC we developed a website with an interface that lets you handle any vessel documentation procedure easily and quickly. In just 3 easy steps, you can get it done for good. For any further information you may need please call us at (866) 981-8783. You may also send us an email to submissions@nvdcrenewal.us . We’ll be more than happy to assist you with any questions you may have.