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A boat bill of sale is a document that details the transfer of a watercraft from seller to buyer, necessary for title transfer in both private and commercial transactions. While it serves as a receipt of sale, it does not prove ownership. For sellers, it confirms the buyer's payment and acknowledges the boat's condition "as is," releasing the seller from future liability for issues. For buyers, it enables them to address disputes regarding undisclosed defects. A boat bill of sale should include the names, addresses, phone numbers, and emails of both the buyer and seller.