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A boat bill of sale is a legal document used to transfer ownership of a watercraft, either motorized or non-motorized, between parties. It must include the seller's and buyer's names, purchase price, make, year, title number, and odometer reading of the boat. The document 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.