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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 needed for state permit applications, regardless of docking location. It serves as proof of transaction and documentation for tax purposes. A complete boat bill of sale should include the identities of the buyer and seller, the sale price, and the official date of the exchange. Additionally, it’s advisable to note the transaction location, especially if the buyer and seller are in different states or if the boat is being sold in another state. The applicable laws will be based on the state where the boat will be docked.