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A boat bill of sale is a document used to transfer ownership of a watercraft, whether motorized or non-motorized, between parties. It must include the seller's and buyer's names, purchase price, make, year, title number, and the boat's odometer reading. Additionally, it requires both the seller's and buyer's signatures and 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.