Bill of Sale - Boat

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Bill of Sale - Boat Powered By Docstoc
					This Bill of Sale for a Boat is a legal document between the Seller, and the Buyer. It is a
written acknowledgment of an agreement between the Seller of a boat for the transfer of
ownership from the Seller to the Buyer. The document lays out the terms, and
conditions for the sale of the boat. This document contains both standard clauses, and
opportunities for the use of optional terms and conditions, making it fully customizable to
fit the needs of the contracting parties. This document should be used by individuals
that want to purchase or sell an interest in a boat.
                                              BILL OF SALE

THIS INDENTURE made the ________ day of ___________, 2____. [Instruction: Insert
date.]

B E T W E E N:

                             _________ [Instruction: Insert Seller’s name.]

                            (hereinafter referred to as the “Vendor”)


                                                                              OF THE FIRST PART

      AND:


                              ________ [Instruction: Insert Buyer’s name.]

                            (hereinafter referred to as the “Purchaser”)


                                                                           OF THE SECOND PART

           WHEREAS the Vendor and the Purchaser have entered into an agreement of purchase
and sale wherein the Vendor has agreed, inter alia, to sell, assign and transfer to the Purchaser
and the Purchaser has agreed to purchase from the Vendor all of Vendor’s right, title and interest
to a certain boat, the more particular description of which is as follows: _____ [Instruction and
Comment: Insert description, including type, make and color, model, year, Hull ID and/or
registration number, make and type of motor, motor ID number, rated passenger/weight
carrying capacity, odometer/hours reading, lifesaving equipment and trailer identification
information if included. If trailer is to be included, you want to include it in the definition
here, so every other reference to Boat is deemed to include a reference to the trailer.] which
is the property of the Vendor (the “Boat”).

         NOW THEREFORE THIS INDENTURE WITNESSETH that for good and
valuable consideration and the sum of _________________ ($________)[Instruction: Insert
amount to be paid.] Dollars now paid by the Purchaser to the Vendor pursuant to the
_________________ [Instruction: Insert name of written agreement entered into for sale of
boat, if applicable, otherwise delete reference to a separate agreement.] Agreement, the
receipt and sufficiency of which is hereby acknowledged by the Vendor, which consideration
includes the consideration for the transfer of the goods and chattels hereinafter referred to, the
Vendor hereby grants, bargains, sells, assigns, transfers, conveys and sets over unto the
Purchaser, its successors and assigns, all of its right, title and interest in and to the boat.



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        The Vendor covenants, promises and agrees with the Purchaser that the Boat is solely
owned by the Vendor as beneficial owner thereof with a good and marketable title thereto, free
and clear of all mortgages, liens, charges, pledges, security interests, encumbrances or other
claims whatsoever. The Vendor warrants that at the date of signature of this bill of sale there are
no licensing fees or fines or other penalties outstanding against the registration of the Boat.

       The Vendor covenants, promises and agrees with the Purchaser that the Boat is in good
working order, unless otherwise agreed to by the terms and conditions of the agreement for sale
and is being sold and delivered as set forth in the agreement of sale, normal wear and tear
excepted. [Comment: If Vendor performing any repairs to Boat prior to sale as a condition
of sale, state so here as well as deadline for when repairs must be completed. Also, if
parties know of anything wrong with boat, same should be stated here.]

          The Vendor covenants and agrees with the Purchaser, its successors and assigns, that it
will, from time to time and at all times hereafter, upon every reasonable request of the Purchaser,
its successors and assigns, make, do and execute or cause and procure to be made, done and
executed all such further acts, deeds or assurances as may be reasonably required by the
Purchaser, its successors and assigns, for more effectively and completely vesting the Boat in the
Purchaser, its successors and assigns.

         The Buyer [Option: Parties can change this to read Vendor, but would be an
unusual circumstance to do so.] shall be liable for all costs relating to the registration of the
Boat into his/her name and any other costs involved.

         Possession of the boat shall be transferred in accordance with the purchase and sale
agreement. [Option: If no written separate agreement, state here how possession shall be
transferred, and how payment should be made for the boat.]

       This Indenture shall be governed by and construed in accordance with the laws of the
Province/State of ______________________ [Instruction: Insert applicable Province or State
and delete inapplicable reference.] and the laws of Canada/United States applicable therein.

         IN WITNESS WHEREOF this Indenture has been executed by the Vendor as of the
day and year first above-mentioned.

SIGNED, SEALED AND DELIVERED
in the presence of:


__________________________
Witness:                                                Vendor




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DOCUMENT INFO
Description: This Bill of Sale for a Boat is a legal document between the Seller, and the Buyer. It is a written acknowledgment of an agreement between the Seller of a boat for the transfer of ownership from the Seller to the Buyer. The document lays out the terms, and conditions for the sale of the boat. This document contains both standard clauses, and opportunities for the use of optional terms and conditions, making it fully customizable to fit the needs of the contracting parties. This document should be used by individuals that want to purchase or sell an interest in a boat.
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This document is also part of a package Bill of Sale 14 Documents Included