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A boat bill of sale is a document detailing the transfer of a watercraft from seller to buyer, serving as a crucial element for successful title transfer in both private and commercial transactions. It acts as a receipt of sale but does not serve as proof of ownership. For sellers, it confirms the buyer's payment and that the boat is sold "as is," limiting the seller's liability for post-sale issues. For buyers, the document provides a basis to address disputes regarding undisclosed defects. Essential elements to include in a boat bill of sale are the buyer and seller's names, addresses, phone numbers, and emails.
