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A boat bill of sale is a document used to transfer ownership of a watercraft, which can be motorized or non-motorized. It must identify the seller and buyer, state the purchase price, and include the boat's make, year, title number, and odometer reading. The document requires the signatures of both the seller and buyer and should specify the location of the transaction. In some cases, a notary acknowledgment may be necessary for the bill of sale to be registered with the relevant agency.