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Commonly Asked Questions about Boat Sale Legal Documents

United States Coast Guard Documented vessels must use form CG-1340 to complete a Bill of Sale in order to transfer ownership or to sell a percentage of the Documented Vessel, if they are not using the back page of the CG-1270 Certificate of Documentation.
If you decide to sell your boat/vessel, you need to: Give the Certificate of Ownership to the person who buys it. Make sure you sign the certificate on the front. Contact the DMV within five days of the sale and fill out a Notice of Transfer and Release of Liability (REG 138) form.
Here are the basic steps to follow when selling your boat: Determine if you will sell the boat yourself or work with a broker or dealer. Make sure the boat looks and runs as well as possible. Research the listing price of similar boats, considering make, model, size, and age. Decide on an asking price.
A bill of sale is a legal document to show the transfer of an item from seller to buyer. Its like a receipt you get from a store but with much more legal power. Its typically used for larger purchases like cars, machinery, appliances, and boats.
Obtain a Transfer of Ownership Form: The California Department of Motor Vehicles (DMV) requires a Transfer of Ownership Form (Form REG 262) to be completed and signed by both the buyer and seller. You can download this form from the DMV website or pick up a copy from any DMV office. How do I transfer ownership of a used boat in California? Ace Boater en-us how-do-i-transfer-owners Ace Boater en-us how-do-i-transfer-owners
Letters and numerals must be block characters at least three inches high. Choose a color for the letters and numbers that will contrast well with the hull or backing plate color of your vessel. In determining height and contrast, any border, trim, outlining or shading around the number shall not be considered. REGISTRATION - CA.gov CA.gov files ABCs2016Registration CA.gov files ABCs2016Registration
3.000 Fees Fee Sold or due in an even-numbered year $24 Sold or due in an odd-numbered year $29 Transfer fee (except between vessel dealers) $15 Each additional transfer $1524 more rows Vessel Registration Fees and Use Tax - California DMV - CA.gov California DMV - CA.gov portal handbook vessel-re California DMV - CA.gov portal handbook vessel-re