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