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A boat bill of sale is a legal document that records the transfer of ownership of a vessel. It may be required for state-run permit applications, regardless of docking location. This document serves as proof of transaction and can aid in tax documentation. 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 where it occurs. If the buyer and seller are in different states or if the boat is in a different state at the time of sale, the laws of the state where the boat will be located apply.