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This Bill of Sale for a Boat (without warranty) is a written acknowledgment of the transfer of ownership of a boat between a seller and a buyer. The bill of sale is the document that sets forth the material terms of the sale including the purchase price, the down payment and the specifications of the boat. In this particular bill of sale, the seller warrants that it has good and marketable title to sell and transfer the boat, but makes no other warranties, express or implied, as to the condition of the boat. The buyer is allowed to inspect the boat and agrees to accept it "as is". This document may be customized to address the specific needs of the parties. It should be used by parties located in Minnesota when selling or buying a boat without any warranties.
Docstoc Legal Agreements This Bill of Sale for a Boat (without warranty) is a written acknowledgment of the transfer of ownership of a boat between a seller and a buyer. The bill of sale is the document that sets forth the material terms of the sale including the purchase price, the down payment and the specifications of the boat. In this particular bill of sale, the seller warrants that it has good and marketable title to sell and transfer the boat, but makes no other warranties, express or implied, as to the condition of the boat. The buyer is allowed to inspect the boat and agrees to accept it "as is". This document may be customized to address the specific needs of the parties. It should be used by parties located in Minnesota when selling or buying a boat without any warranties. ® DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. 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All Rights Reserved BILL OF SALE OF BOAT / VESSEL Without Warranty BE IT KNOWN, that for payment in the sum of ____________ ($_____) [Instruction: Insert the amount], the full receipt of which is acknowledged, the undersigned _______________________________ [Instruction: Insert the name of seller], of ___________________________________ [Instruction: Insert the address of seller] (hereinafter “Seller”) hereby sells and transfers to ________________________________ [Instruction: Insert the name of buyer], of _________________________________________ [Instruction: Insert the address of buyer] (hereinafter “Buyer”) (the words "Seller" and "Buyer" to include their respective heirs, successors, and assigns where the context requires or permits), the following described boat (hereinafter “Boat”): Particulars Description Make Model or series Length Year Registration, CF or Document Serial or Hull ID #: General Boat Type: [Instruction: Insert the description of the Boat's engine(s), such as the make, model, year, type, hours, and serial numbers.] The sale is subject to the following conditions and representations: a. Seller acknowledges receipt of _________ ($____) in down payment for the Boat, full payment from the Buyer and title transfer to take place within ___________ (___) [◊ Fourteen (14)] days. b. Seller allows the Buyer ___________ (___) [◊ Four (4)] days to have the Boat inspected by an independent mechanic, and agrees to cancel the sale if the inspection is reasonably unsatisfactory to the Buyer. c. Seller warrants to Buyer that Seller has good and marketable title to said property, full authority to sell and transfer said property, and that said property is sold free of all liens, encumbrances, liabilities, and adverse claims of every nature and description whatsoever. d. DESCRIPTION OF EQUIPMENT The Seller represents that the Boat contains the following equipment: _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _________. [Instruction: Insert the description of the Boat's equipment, such as any deck equipment, electronics, navigation equipment, safety equipment, sails and rigging.] e. DISCLAIMER OF ALL OTHER WARRANTIES. OTHER THAN THE SELLER'S WARRANTY OF OWNERSHIP STATED ABOVE, THE BUYER TAKES THE VEHICLE "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO ITS CONDITION. THE BUYER HAS PERSONALLY INSPECTED THE VEHICLE AND ACCEPTS IT "AS-IS". f. The Seller represents to the Buyer that the Boat, Engine(s), and equipment are in good condition, except for the following defects, if any: _____________________________________________________________________________________________________ _____________________________________ g. ADDITIONAL TERMS OF SALE. The Seller and Buyer agree to the following additional terms in conjunction with this bill of sale: _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _____ Seller: Buyer: ________________________ ________________________ Signature Signature Printed Name: _______________________ Printed Name: _______________________
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