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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 the signatures of both the seller and buyer and should specify the location of the transaction. In some cases, a notary acknowledgment may be necessary for the bill of sale to be registered with the relevant agency.