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Bill of Sale - Boat with Warranty

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Bill of Sale - Boat with Warranty Powered By Docstoc
					A Bill of Sale for a Boat or Vessel with a Warranty is a written acknowledgment of the
transfer of ownership of a boat or a vessel between two parties, whereby one party is
selling a boat or vessel that he or she warrants to be free of defects. If there is a defect,
the seller promises to repair or replace the boat. This document may be customized to
fit the needs of the contracting parties. Use this agreement when selling or buying a
boat or vessel to provide a warranty that is included in the terms.
                  BILL OF SALE OF BOAT / VESSEL (WITH 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] (“Seller”) hereby
sells and transfers to ___________________________ [Instruction: Insert the name of buyer],
of _________________________ [Instruction: Insert the address of buyer] (“Buyer”) (the
words "Seller" and "Buyer" to include their respective heirs, successors, and assigns where the
context requires or permits), the following described boat:

[Instruction: Insert the description of the boat's engine(s), such as the make, model, year,
type, hours, and serial numbers.]

Particulars                                      Description

Make

Model or series

Length

Year

Registration, CF or Document

Serial or Hull ID #:

General Boat Type:



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.




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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. The Seller represents to the Buyer that the boat, engine(s), and equipment are in good
    condition, except for the following defects, if any:
    ___________________________________________________________________________
    ___________________________________________________________________________
    ________________________________________________________

    [Instruction: Insert if there are any major/minor defects in the boat]

f. Additional Terms of Sale.
    The Seller and Buyer agree to the following additional terms in conjunction with this bill of
    sale:

    ___________________________________________________________________________
    ___________________________________________________________________________
    ________________________________________________________



© Copyright 2012 Docstoc Inc.                                                          3
    [Instruction: Insert if there is any additional terms in conjunction which has to be
    included with this bill of sale]


                       Seller:                                Buyer:




          ________________________                  ________________________
                     Signature                               Signature




  Printed Name: _______________________       Printed Name: _______________________




© Copyright 2012 Docstoc Inc.                                                4
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Description: A Bill of Sale for a Boat or Vessel with a Warranty is a written acknowledgment of the transfer of ownership of a boat or a vessel between two parties, whereby one party is selling a boat or vessel that he or she warrants to be free of defects. If there is a defect, the seller promises to repair or replace the boat. This document may be customized to fit the needs of the contracting parties. Use this agreement when selling or buying a boat or vessel to provide a warranty that is included in the terms.
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