How to Write a Bill of Sale for a Boat in Canada (2022 Update)

how to write a bill of sale for a boat

Next year is just around the corner and the time has come to achieve the promises we made to move on after another rocky year of pandemics. Learn how to write a bill of sale for a boat for 2022 if you are looking on selling yours in an orderly manner.

There might be lots of reasons why you are interested in selling your boat. Times change, and so do people. Maybe you are looking for a bigger or more modern boat, or the one you have is way too big for you. Tired of excessive maintenance? If you have already found a buyer and future owner, on with the bill of sale then.

how to write a bill of sale for a boat

Why Do I Need A Bill Of Sale?

A bill of sale is the document that proves the transfer of ownership from one person to another. Writing a bill of sale when selling your vessel accurately reflects the transaction and makes clear what exactly and in what conditions you are handing over to the other party. In most cases, this is just a formality between you and the buyer, but since you may not know who is acquiring the ship from you, knowing how to write a bill of sale for a boat can save you a future headache.

Keep in mind that not all vessel transactions require a bill of sale. Boats registered with the small vessel registry or the Canadian vessel of registry under Transport Canada’s regulations do not need a bill of sale; you can simply use the Form 6 Bill of Sale and fill in the applicable fields on the form on our website. If the boat is a licensed pleasure craft, look for a template online that complies with the state’s requirements.

Getting Down To Business

Once you’ve acquired the template, it’s important to know what to add to it. Most templates already guide you through, but it doesn’t hurt to read further so the information is as complete as possible. Clear information makes you a responsible seller and helps you to stay at ease.

Use every single detail about your vessel, so both you and the buyer are clear about the agreement before signing on the dotted line. Make sure you include items like the boat name, the hull number, registration number, and other details (VIN, make, model, year, etc).

 Fill in the template with the required information and you are ready to go. Make sure there are blocks for the signatures of both the seller and buyer and space for a notary witness to sign and put a seal on the document.

The National Vessel Registry Center, At Your Service

If you are having any trouble how to write a bill of sale for a boat, feel free to contact us at any time. A member of our staff will get in contact with you to provide assistance.