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An Oklahoma boat bill of sale is a legal document that records the transfer of ownership of a vessel in the State of Oklahoma. A bill of sale will include the identity of the buyer and the seller, a description of the boat, and the terms of the exchange. It does not need to be notarized in Oklahoma.
While drafting a bill of sale is good standard practice for the purchase of many big-ticket items, they are required for the purchase of boats or motor vehicles in the state of Oklahoma. You can use the form the state of Oklahoma provides (Form 722-1) or you can draft your own.
Gather the following documents: Properly assigned and notarized Oklahoma certificate of title. Notarized Statement from Owner (previous owner if ownership change), stating boat/motor was previously operated only on private ponds/lake. Out of state title (must be assigned if changing ownership)
Boats must have at least one U.S. Coast Guard-approved personal flotation device for every person on board. Boats that are 16 or longer must also be equipped with at least one U.S. Coast Guard-approved Type IV throwable device, such as a life ring.
2. What to include in a bill of sale for a boat. The names, ID information (if required), and contact details for both the buyer and the seller. The boats information, including VIN, make, model, year, and registration number. The price of the boat. Conditions of the sale, including any warranties or as is status.
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