Jet Ski Bill of Sale Form

A jet ski bill of sale is an essential document used in the sale or purchase of a jet ski. It discloses details including the names of both parties, terms, signatures, and transaction date.

After putting your jest ski up for sale, a customer will request an inspection before making a purchase. While selling a watercraft may seem easy, you need a bill of sale just like a vehicle. The agreement is a binding contract that acts as evidence of the transaction. It prevents fraudulent activities since you have to fill in your personal details and signature to accept liability.

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Why Use Jet Ski Bill of Sale?

While you can sell your watercraft without the legal documents, it is much safer to include the bill of sale. You need to keep a record of the sale in case the customer comes back later to sue you for an illegal deal. It is an insurance that protects both parties involved in the purchase agreement.

Since it acts as evidence of transfer of ownership, the seller cannot revoke the agreement when the jet ski fails to perform later after finalizing the deal.

Jet Ski Bill of Sale Form Details

Document Name Jet Ski Bill of Sale Form
Other Names PWC Bill of Sale, Personal Watercraft Bill of Sale
Avg. Time to Fill Out 12 minutes
# of Fillable Fields 63
Available Formats Adobe PDF; Microsoft Word

Can I Create Jet Ski Bill of Sale Online?

If you want to sell your personal watercraft, you need a PWC bill of sale ready. It is a vital document that proves the act of sale. While you can buy it from lawyers, you will have to dig deeper into your pockets for the legal document. Why pay extra when you can download a bill of sale template from our site free of charge? Enter your details on the form – the names of seller, model, purchase, and other relevant information, and generate a highly customized document.

You can also download the form and print it to fill it out manually. It is simple and convenient, saving you hours of meetings with legal officers. Get a template and finalize your sale with no pressure.

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How Do I Sell My Jet Ski?

You do not need special skills to sell your jet ski. You just need a good strategy and buyers will be gathering to buy it. If you want to sell your jet ski, you can follow the guideline below:

Step 1. Prepare the Jet Ski

Make sure that your jet ski is in the best state. If it has any faults, create time to repair and bring it back to its brand new condition. No one wants to buy an old product that looks like it will break down in the next minute. Potential buyers would rather go for a new jet ski rather than buying and taking it for repairs. Also, ensure that all of the legal documents for the jet ski are available.

Step 2. Market Your Jet Ski

After revamping your jet ski, embark on serious marketing. Use social media platforms and put up your advertisements all over. Here’s a website that specializes in PWC trading – PWCTrader. You can also talk to your friends and family to help you spread the ad by word of mouth. Don’t forget about your local newspaper, either.

Step 3. Negotiate With Potential Buyers

When you have customers lining up to buy your jet ski, ensure that you have a reasonable bargain price. Do not exaggerate your prices because you might chase away serious buyers. Have a low and a high limit cost and start negotiating from there. Settle with someone who is willing to offer you the best price. If you do not meet your target, adjust your price and go back to the marketing drawing board.

If you land a good deal, proceed to the next step of completing a jet ski bill of sale.

Step 4. Fill out the Jet Ski Bill of Sale

After reaching a consensus, start filling out the bill of sale for the jet ski. Ensure that all of the documents are available before the agreement. You need to fill out the following details in the sale form:

  • Name of seller and address
  • Buyer’s name and address
  • Purchase date
  • Description of the jet ski
  • Model
  • Year of manufacture
  • Identification number
  • Color
  • Condition
  • Registration
  • Selling price
  • Payment date
  • Date of inspection
  • Cash deposit, if any
  • Date and signatures of the buyer, seller, and witnesses

Step 5. Complete the Advance Payment (Optional)

To book the jet ski, the buyer can produce an advanced payment in line with the price stipulated in the bill of sale agreement. The buyer can inspect the jet ski on an agreed date and at an agreed place with a qualified technician. If everything is clear, then both parties can finalize the deal.

Step 6. Seal the Deal

The transaction will be rendered complete if the customer makes the final payment as per the sale form. The new owner then receives all of the documents – title, registration number, and the original copy of the jet ski bill of sale.

It is important to note that you must keep the form as proof of transfer of ownership in case of any disputes in the future.

How to write a Jet Ski Bill of Sale?

Down below, you can take a look at the instructions written by using the template for jet ski’s made by our team. However, make sure you consider the standard form if it’s available from the local authorities.

Step 1: Specify the date when document is created.
Step 1 to filling out a jet ski bill of sale - name

Step 2: Enter the details of all parties (buyer and seller):

  • Name
  • Address: Street, City, State, Zip code
  • Contact details: Phone, Email
    Step 2 to filling out a jet ski bill of sale sample - particulars

Step 3: Identify the jet ski being sold:

  • Manufacturer
  • Model
  • Displacement
  • Number of Strokes/Cylinders
  • Model year (MY)
  • Odometer reading
  • Color
  • Hull Identification Number (HIN)
    Step 3 to filling out a jet ski bill of sale form - description

Step 4: Select the way the purchaser will buy the jet ski and for what amount of money.

This step also involves providing the date of the transaction and the total sum decided upon by all parties of the deal. You will have to also indicate the selling method the buyer will opt for:

  1. Delivering the full amount as a single transaction. One of the more hassle-free choices: the property owner is provided with the full sum from the purchaser in a single payment and delivers the motor vehicle to the buyer within the same day.
  2. Gift with no consideration. This option is the seller giving a gift to the purchaser without any expectation of compensation.
  3. Installments. With this method, you have to enter the dates when the buyer must provide the first and the last payments, together with their sums.

Your next step is deciding on the type of payment:

  • Cash
  • Check
  • Cashier’s check
  • Money order

As a final point, indicate if the purchase cost includes all applicable taxes.
Step 4 to filling out a jet ski bill of sale template - way of payment

Step 5: Go through standard terms and make sure that both sides have an understanding of them.

The seller confirms that they are indeed the owner of the jet ski described in the document and they have the right to sell it based on the price in the form. The seller also confirms that there are no liens on the jet ski and that the information provided in the Bill of Sale is true, accurate and complete to the best of their knowledge

The “as-is” provision indicates that the property owner gives no warranty and is not liable for maintenance after the transfer.
Step 5 to filling out a jet ski bill of sale form - standard terms

Step 6: Sign the bill of sale form.

The purchaser is usually not required to sign the document. Nonetheless, you will be more protected from legal complications if both parties sign the form. Just to be on the safe side, the parties may find a person who will witness the transaction and sign the document as well.
Step 6 to filling out a jet ski bill of sale example - signature

Step 7: Notarize the document

In this way, you will have more legal protection. Nonetheless, this is normally entirely elective.

The buyer needs to own the original document as it’s often required during the title change. As a seller, you could either make a copy and keep it or have two identical forms signed and filled out by both parties.Step 7 to filling out a jet ski blank bill of sale - notarization

Published: Sep 15, 2020
Mara Erlach
Mara Erlach
Writer & Attorney
Mara has been practicing estate planning and trust law in California since 2003, taking pride in helping clients of all backgrounds and asset profiles form a complete and customized estate plan. Her specialties are: estate planning, wills and trusts, trust and probate administration.