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A boat bill of sale is a document that transfers ownership of a motorized or non-motorized watercraft from one party to another. It must include the names of the seller and buyer, the purchase price, the make, year, title number, and odometer reading of the boat. Additionally, it requires the signatures of both parties and the location of the transaction. In some cases, a notary acknowledgment may be necessary for the bill of sale to be registered with the appropriate agency.