![simple boat bill of sale template simple boat bill of sale template](https://i.pinimg.com/originals/d9/06/eb/d906eb149b300e3cf798d2e589b2bcc8.jpg)
It might also be necessary to undertake the registration of the vehicle after the purchase has been completed. Indeed, it is compulsory in many states in the USA and other European countries. It might be required to complete the title transfer. He is the most important document to the buyer until necessary formal documentations are made. It is important that the seller of a vehicle keep a copy of a Bill of Sale for record purpose but it’s a lot more important to the buyer than just for record keeping. Though a Bill of Sale may be required for the transfer of several kinds of other properties like household items, boats and office materials between private individuals, it is however very common with sales of automobiles and related properties. Some of the information in a Bill of Sales includes: the selling price of the property, the property’s ( if it is an automobile) license plate number, the location and date where the purchase/transfer was made, the names of the parties involved, their signatures, and their addresses to legitimize the transaction. The seller is also expected or advised to keep a copy of the document for record purposes. It is important to emphasize that Bill of Sale Documents do not officially confer ownership on the buyer it is a prelude to such.
![simple boat bill of sale template simple boat bill of sale template](https://i2.wp.com/eforms.com/images/2015/12/massachusetts-vehicle-vessel-bill-of-sale-form.png)
More precisely, it is used as a proof that the contract did take place.
![simple boat bill of sale template simple boat bill of sale template](https://esign.com/wp-content/uploads/Motor-Vehicle-Bill-of-Sale-Form.png)
It shows the details of the object/properties transferred and helps reduce the risk involved in such transfer from one private owner to the other. A Bill of Sale document is used to show that property ownership has been transferred.