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A boat bill of sale is a document used to transfer ownership of a watercraft, whether motorized or non-motorized, from one party to another. It must identify the seller and buyer, include the purchase price, make, year, title number, and odometer reading of the boat. The signatures of both the seller and buyer, as well as the location of the transaction, are required. Additionally, a boat bill of sale may need to be notarized to be registered with the appropriate agency.