A time has come in which you need to part ways with your vessel. Unfortunately, it is not as simple as just handing over the keys. If you want to sell your boat, you will have to take certain steps first. Getting the boat in the best condition you can before publishing it, for instance, is the very first step of them. Of course, this will involve three different items. On one hand, you will need to clean the vessel as thoroughly as possible. On the other, you will need to make sure that all the papers you need for both selling and navigating the boat are up to date. Finally, you will also want to make sure that everything on the vessel is working as it should. Once those steps are finalized, you will be in the condition of publishing your boat online with some good pictures being taken. After you reach an agreement with the buyer to pay a fair price for the watercraft, you will need to put this down on paper. How can you do that? With a boat bill of sale. And what information should be included on that bill of sale? Let’s find out in this article.
What To Include in the Boat Bill of Sale
As you may know (or not) if your vessel is not registered with Transport Canada there is no official boat bill of sale. If it is documented with the governmental agency, you can use form 6. In simple words, this type of paperwork is used as a receipt for both the seller and the buyer to show that a transaction between them has taken place. This document is extremely important because, other than the proof of sale, you will then use it to transfer the ownership of the vessel.
As a general rule of thumb, the paperwork should give an answer to some questions about both the old and new owners, and also about the boat itself. Those questions are the following:
- Who is buying and selling the boat?
- What is the price of the vessel?
- What is the make and model of the boat?
Other than those three common questions, you should also include information such as if a warranty is included on the vessel, if something from the boat is not working properly, etc. If you don’t want to write this by yourself, you can find samples online.
Some More Information About the Document
A boat bill of sale is only a part of the documents you need to submit to transfer the ownership of a vessel. The overall process is different between commercial and recreational vessels, so the documents you need for each of them vary. In the case of commercial vessels, you need to transfer the boat registration as well. With pleasure crafts, on the other hand, you will not need to do that.
The bill of sale will then be an indicator that the boat has been sold from one person to another, and the owner will use it to get his boat registration or license.
Easy Processing of your Boating Documentation
Luckily for you, if you are still uncertain about how to write the boat bill of sale, the National Vessel Registry Center is here to help you out. At our site, we process any type of boating documentation on your behalf and send it straight to Transport Canada. This way, we allow you to complete your documentation completely online. In addition to that, our staff checks that you didn’t make any mistakes on your application. Contact us today for any other questions you have.