Contents
When buying or selling a boat in North Carolina, having a Boat Bill of Sale form is essential for both parties involved in the transaction. This document serves as a legal record of the sale, providing important details such as the names and addresses of the buyer and seller, the description of the boat, and the sale price. It also includes information about the boat's registration number and hull identification number, which are crucial for ensuring proper ownership transfer. By completing this form, both the seller and buyer can protect their interests and avoid potential disputes in the future. Additionally, the Boat Bill of Sale can be useful for tax purposes and is often required by the Department of Motor Vehicles when registering the boat. Ensuring that this form is filled out accurately and signed by both parties is a vital step in the buying and selling process.
Sample - North Carolina Boat Bill of Sale Form
North Carolina Boat Bill of Sale Template
This Boat Bill of Sale serves as a formal document to transfer ownership of a boat from the seller to the buyer. It is to be completed and signed by both parties, in accordance with the North Carolina Wildlife Resources Commission regulations regarding boat ownership transfer. Ensure that all information provided is accurate and complete.
1. Date of Sale: _____________________________________________
2. Seller's Information
- Full Name: ___________________________________________________
- Address: ______________________________________________________
- City: _______________________________ State: NC Zip: __________
3. Buyer's Information
- Full Name: ___________________________________________________
- Address: ______________________________________________________
- City: _______________________________ State: NC Zip: __________
4. Boat Information
- Make: ________________________________________________________
- Model: _______________________________________________________
- Year: ________________________________________________________
- Hull ID Number: ______________________________________________
- Registration Number: __________________________________________
- Odometer Reading (in hours): __________________________________
5. Sale Information
- Sale Price: $_________________________________________________
- Other Considerations: _________________________________________
6. Signatures
This document, acknowledging the sale of the boat described above, is signed by both the seller and the buyer on the date specified. Both parties agree that the sale is "as-is", with no warranties or guarantees made by the seller.
______________________________________
Seller's Signature Date: __________________
______________________________________
Buyer's Signature Date: __________________
This document is not valid unless all required fields are completed. Upon completion, both the seller and the buyer should keep a copy of the bill of sale for their records.
Note: It is recommended to check with the North Carolina Wildlife Resources Commission for any additional paperwork or steps needed to finalize the sale or transfer of the boat.
File Specs
| Fact Name | Description |
|---|---|
| Purpose | The North Carolina Boat Bill of Sale form is used to document the sale of a boat between a seller and a buyer. |
| Governing Law | This form is governed by North Carolina General Statutes, specifically § 75A-1 through § 75A-26. |
| Required Information | The form requires details such as the names and addresses of both parties, the boat's description, and the sale price. |
| Signature Requirement | Both the seller and buyer must sign the form to validate the transaction. |
| Notarization | While notarization is not mandatory, it is recommended to enhance the document's authenticity. |
| Transfer of Ownership | The Bill of Sale serves as proof of ownership transfer from the seller to the buyer. |
| Tax Implications | North Carolina may impose sales tax on the transaction; the buyer should be aware of this obligation. |
| Record Keeping | Both parties should retain a copy of the Bill of Sale for their records and future reference. |
| Use for Registration | The Bill of Sale may be required when registering the boat with the North Carolina Wildlife Resources Commission. |
| Forms Availability | The North Carolina Boat Bill of Sale form can typically be obtained online or through local boating agencies. |
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