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A boat bill of sale is a legal document that records the transfer of ownership of a vessel and may be required for state permit applications. It serves as proof of transaction and documentation for tax purposes. Key elements of a boat bill of sale include the identities of the buyer and seller, the sale price, the official date of the exchange, and the location of the transaction. If the buyer and seller are in different states or if the boat is located elsewhere during the sale, the relevant laws of the state where the boat will be docked apply.
