BILL OF SALE FOR A BOAT
1.
______________________________________________, Seller(s) hereby sell(s) and deliver(s) the boat described in Clause 2 to __________________________________________________________, Buyer(s).
2.
The boat being sold under this bill of sale (Boat) is described as follows: Year: ____________________ Make: __________________________ Model: ______________________ Length: ______________________________ Serial No. _________________________________
Registration Number: ___________________________________________________________________ General type:___________________________________________________________________________ 3. 4. Boat has: (check one) no engine one engine two engines an auxiliary engine.
The engine(s) (Engines) are described as follows: a. Engine No. 1 is described as follows: Year: ____________________ ___ Type: _______________________ b. Engine No. 2 is described as follows: Year: ____________________ ___ Type: _______________________ c. Make : ____________________________________________ Serial No.: _________________________________________ Make : ____________________________________________ Serial No.: _________________________________________
The auxiliary engine is described as follows: Year: ____________________ ___ Type: _______________________ Make : ____________________________________________ Serial No.: _________________________________________
5.
Boat contains the following equipment (Equipment) check one or more and describe): a. Sails: ___________________________________________________________________________ _________________________________________________________________________________ b. Bilge pump: _____________________________________________________________________ _ _______________________________________________________________________________ c. Ship to Shore radio: _______________________________________________________________ _________________________________________________________________________________ d. Radar: _________________________________________________________________________ _________________________________________________________________________________ e. Sonar: _________________________________________________________________________ _________________________________________________________________________________ f. Other: __________________________________________________________________________ _________________________________________________________________________________
6.
Seller(s) believe(s) Goods to be in good condition except for following defects: ______________________ _____________________________________________________________________________________
7.
Boat and Engines (check one) have been request. The inspection report (choose one) of sale.
have not been independently inspected by Buyer’s is attached is not attached to and made part of this bill
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8.
The full purchase price for Boat, Engines and Equipment is $ ____________. In exchange for Boat, Engines and Equipment, Buyer(s) has/have paid Seller(s) (choose one): The full purchase price. $___________ as a down payment, balance due in _____________ days. $___________ as a down payment and has/have executed a promissory note for the balance of the purchase price.
9.
Seller(s) warrant(s) that Seller(s) is/are the legal owner(s) of Boat, Engines and Equipment and that Boat Engines and Equipment are free of all liens and encumbrances except: _________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Seller(s) agree(s) to remove any lien or encumbrance specified in this clause with the proceeds of this sale within ten days of the date of the bill of sale.
10.
Other than the warranty of ownership in Clause 9 and the representation in Clause 6, seller(s) make(s) no express warranties. The Buyer(s) take(s) boats, engines and equipment as is. Seller(s) hereby disclaim(s) the implied warranty of merchantability and all other implied warranties that may apply to the extent that such disclaimers are permitted in the state having jurisdiction over this bill of sale.
11.
Additional terms of sale for Boat, Engines, and Equipment are as follows: ____________________________ _______________________________________________________________________________________ _______________________________________________________________________________________.
_________________________________________ Date Seller(s) Signed _________________________________________ Signature of Seller _________________________________________ Address of Seller _________________________________________ _________________________________________ _________________________________________ Signature of Seller _________________________________________ Address of Seller _________________________________________ _________________________________________ DISCLAIMER:
_______________________________________ Date Buyer(s) Signed _______________________________________ Signature of Buyer ______________________________________ Signature of Borrower
THIS FORM IS INTENDED TO PROVIDE EXAMPLES OF THE KINDS OF TERMS THAT, AT A MINIMUM, SHOULD BE INCLUDED IN SUCH A CONTRACT. IT IS NOT INTENDED TO SERVE AS A SUBSTITUTE FOR THE ADVICE OF AN ATTORNEY-AT-LAW. BEFORE ENTERING INTO A CONTRACT INVOLVING GIVING SOMETHING OF VALUE TO ANOTHER FOR GOODS, SERVICES OR MATERIALS, BE CERTAIN THAT YOU HAVE A CLEAR UNDERSTANDING OF ALL OF THE TERMS IN THE CONTRACT AND WHAT REMEDIES ARE AVAILABLE UPON DEFAULT OF ONE OF THE PARTIES. AN ATTORNEY-AT-LAW CAN HELP YOU WITH ANY QUESTIONS YOU MAY HAVE ABOUT THE PROPOSED CONTRACT. FOR MORE INFORMATION, CALL 800 232 1477 AND ASK FOR JAMES W. PEARSON, JR. OR E-MAIL US AT LAWYER@LAWWALK.COM
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