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The Bill of Sale serves as a legal document that formalizes the sale of a watercraft between the seller and buyer.
This document is specifically designed for use in the State of North Carolina, indicating its jurisdictional relevance.
The form requires the purchase price to be filled in, ensuring clarity on the financial transaction involved.
It includes detailed descriptions of the watercraft, such as year, make, model, and hull number, which are essential for identification.
'As-is' clause indicates that the buyer accepts the watercraft in its current condition without any warranties from the seller regarding mechanical defects.
The seller guarantees ownership and that the watercraft is free from any encumbrances or claims by third parties.
The document must be sworn to and subscribed before a notary public, adding an extra layer of authenticity and legal validation.