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A boat bill of sale is a legal document that records the transfer of ownership of a vessel, which may be required for state permit applications. It serves as proof of transaction and provides documentation for tax purposes. A proper boat bill of sale should include the identities of the buyer and seller, the sale price, the date of the transaction, and the location of the sale. If the buyer and seller are in different states, the relevant laws are those of the state where the boat will be docked. This document is essential for ensuring a smooth transfer and adherence to legal requirements.