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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 include the names of the seller and buyer, the purchase price, the make, year, title number, and odometer reading of the boat. The signatures of both the seller and buyer, as well as the location of the transaction, are also required. Additionally, a boat bill of sale may need to be notarized for registration with the appropriate agency.