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A boat bill of sale is a legal document that records the transfer of ownership of a vessel, necessary for state-run permit applications and valuable for tax documentation. It must specify the identities of the buyer and seller, the sale price, and the date of the transaction. Additionally, it is advisable to note the location of the transaction, especially if the buyer and seller are in different states or if the boat is located in another state at the time of sale. The applicable laws will correspond to the state where the boat will ultimately be docked.
