Buying and selling a watercraft is regulated differently in US states. A Minnesota boat bill of sale may be one of the documents required for registration and titling a boat. You may not only need to issue one but also make sure that the bill of sale template contains all the essential details. More information on this issue is available in this article. The full article about bills of sale will provide you with even more details.
Minnesota bill of sale forms – this particular section will let you discover more about other bills of sale used in Minnesota.
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First, read the guide to the proper sale/purchase of a vessel we prepared for you – it will help make sure that you haven’t missed any important detail of the deal.
There are no requirements to provide a bill of sale for boat registration on the website of the Minnesota Department of Natural Resources (DNR). However, it is stated that you must know the following information when you register your watercraft for the first time:
You will also need to provide a sales receipt proving that you have paid the tax on the sale. This information can be included in the Minnesota boat bill of sale. There is a universal registration form available in PDF format. Registrants can simply download it and fill its fields out. You can apply for a boat registration either at office locations of Driver & Vehicle Services or you can do it at the DNR License Bureau.
If it is a new watercraft at least 16-foot long (except kayaks and canoes), then the dealers will do all the paperwork for you. Read the guide that contains comprehensive information about boating in the state. According to the information in the chapter “Transfer of Ownership,” you must get a bill of sale from the previous owner if the boat is currently licensed in the state.
You can certainly find various examples of a bill of sale on the Internet, and it is possible to download a printable template. There is no such form available on the website of Minnesota DNR. It is recommended to find the right free bill of sale form before selling or buying a boat in this state. Remember that this document works as proof that the deal has actually been made. You and the other party can have a copy of such a document for personal records even if it is not required for the registration of a watercraft.