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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 identify the seller and buyer, include the purchase price, make, year, title number, and odometer reading of the boat. The document requires signatures from both the seller and buyer, as well as the location of the transaction. Additionally, it may need to be acknowledged by a notary for registration with the relevant agency.