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a boat bill of sale is used for transferring the ownership of a watercraft that could be motorized or non motorized from one party to another a boat bill of sale needs to identify the seller and the buyer names the purchase price the make year and title number and odometer reading of the boat the seller and buyer signatures and the location in which the transaction takes place a boat bill of sale may be required to be acknowledged by a notary in order to be registered with the corresponding agency