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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, from one party to another. 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 signatures from both the seller and buyer and must indicate the transaction location. In some cases, a notary acknowledgment may be necessary for registration with the appropriate agency.