If you’ve taken even just a cursory look at the requirements for registering a vessel with Transport Canada, you might have asked yourself “what is a bill of sale for a boat?” Well, here’s the answer you’ve been looking for. What Is a Bill of Sale for a Boat? While buying a vessel is a…
If you’re wondering how to create a bill of sale for a boat, you’re in the right place. Properly performing this step in buying or selling a vessel is crucial to ensure the legality and binding nature of the transaction. As the seller, you are responsible for putting together the bill of sale, which must…
Boating in Canada isn’t just an exhilarating pastime; it’s a commitment that involves a significant financial plan. From the initial purchase to ongoing maintenance and operational costs, owning a boat is a substantial investment. Central to these transactions is the Canadian bill of sale, a critical document that not only facilitates the buying and selling…
Owning your own boat can give you a sense of freedom without parallel. Think about it–whenever you get the itch to get out on the lake, all you have to do is head down to the dock or marina and untie your vessel. If you happen to be a Canadian resident, or if you just…
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,…
Before closing any money deal, it’s important to know how to do things correctly. You must learn how to write a bill of sale to make the ownership transfer official and protect yourself from possible legal consequences in the future. Dealing with penalties or taxes for a vessel that is no longer yours is quite…
Have you been wondering whether or not you need a boat bill of sale to complete a transaction? Are you concerned that a lack of vessel documentation may put your boat sale in jeopardy? The good news is that, for many vessel owners, you don’t have to worry. Indeed, if your vessel is registered through…
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…
One of the great aspects of boating is that it is a lifelong hobby. If your circumstances have changed and you’re thinking about upgrading to a nicer vessel, you may want to sell your current boat. In this event, you will want to know how to write a bill of sale for a boat in…
Whether you are buying or selling a boat for the first time, you will see that there are steps that you need to follow to make the transaction is completed legally. Naturally, money is going to change hands at some point, but having the appropriate paperwork in place to certify the sale is just as…