Minnesota Bill of Sale of Boat - Without Warranty

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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.
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                                  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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Description: 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.
This document is also part of a package Essential Minnesota Legal Documents 144 Documents Included