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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, the make, year, title number, and odometer reading of the boat. Additionally, it requires the signatures of both the seller and buyer, as well as the location of the transaction. In some cases, the boat bill of sale may need to be acknowledged by a notary to be registered with the relevant agency.