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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 include the names of the seller and buyer, purchase price, make, year, title number, and odometer reading of the boat. The document also requires signatures from both the seller and buyer, along with the location of the transaction. In some cases, a notary acknowledgment may be necessary for the bill of sale to be registered with the appropriate agency.