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A boat bill of sale is a document used to transfer ownership of a watercraft, either motorized or non-motorized, from one party to another. It must include the names of the seller and buyer, purchase price, make, year, title number, odometer reading of the boat, and signatures of both parties. Additionally, the location of the transaction should be specified. To register the bill of sale with the appropriate agency, it may need to be acknowledged by a notary.