A Michigan boat bill of sale is a document proving that selling or buying a watercraft has taken place in the state. Making a deal may be not the only procedure needed to start operating a boat because it may also be required to register the vessel according to state law. Read this article to find out how to go through the registration procedure and whether you need to provide a bill of sale template in this case. If you want to learn how to use bills of sale in other cases, click here for more information.
Michigan bill of sale forms – click for more Michigan-related bill of sale forms that you may need.
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The question of whether or not you should register your boat in your state should come after you made sure the transaction took place according to the common rules – here is the information that you might need.
While there are a few exceptions, it is generally required to register a boat. You can do it in the Michigan Department of State. A vessel must display a valid registration decal, which cannot be transferred to another boat.
Registration can be conducted in three ways:
In case it is a not titled watercraft, a buyer can simply complete the back of the watercraft registration for the transfer. If this option is not available, then a Michigan boat bill of sale is needed.
It must include the following information:
If it is a titled watercraft, then an assigned title is required to transfer ownership. A duplicate of this document can be obtained from any local office of the Secretary of State. You will also need to pay the registration fee, which depends on the length of the boat.
to make sure that all the necessary fields of the bill of sale form are filled out, you should use a printable template provided by the office of the Secretary of State Jocelyn Benson. It is a free form available in PDF format. You can easily fill out the template by navigating from one field to another by using your mouse cursor or the Tab button. It is also possible to use a different template, but in this case, make sure that it contains all the required fields. The bill of sale does not require notarization in this state. However, it must have signatures from both parties of the deal.