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A boat bill of sale is a document used to transfer ownership of a watercraft, either motorized or non-motorized, from one party to another. It must include the names of the seller and buyer, purchase price, make, year, title number, and odometer reading of the boat. Additionally, it requires signatures from both the seller and buyer, as well as the location of the transaction. In some cases, a notary acknowledgment may be necessary for registration with the relevant agency.