You may need to get a Wisconsin boat bill of sale before buying or selling a vessel. This document shows who the current owner of the vessel is. Also, it contains other important details, such as the price of sale and a description of a boat. Find out whether it is obligatory to have a bill of sale to register a vessel in this state. In case you need to refresh your memory on the basics of using a bill of sale, read this guide.
Wisconsin bill of sale forms – look at some other bills of sale used in the State of Wisconsin.
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The process of registering a boat starts after a successful transaction involving a vessel. You can learn more about the specifics of deals involving boats in our guide – https://formspal.com/bill-of-sale-templates/boat-bill-of-sale/.
If you purchase a boat in this state, you will need to register it. This procedure can be done in two ways:
First of all, you will need to fill out Form 9400-193. It is used for registering and titling vessels in Wisconsin. All fields of the form must be filled out unless stated otherwise. You will also need a Certificate of Registration.
Other documents that you may need to provide depending on your situation include:
Please read the comprehensive guide for the seller and the buyer of a boat in Wisconsin.
|Boat Type||Registration Fees|
|Less than 16 feet||$22|
|16 feet but less than 26 feet||$32|
|26 feet but less than 40 feet||$60|
|40 feet or more||$100|
|Source: Wisconsin Department of Natural Resources|
You are not required to provide any Wisconsin boat bill of sale to register or title your vessel in Wisconsin. However, it does not mean that you will not need this document. It is recommended to have one for tax purposes. Therefore, you should get a bill of sale form and fill it out before making a deal.
The standard fields that must be included in the bill of sale are as follows:
The form must contain the signatures of both the seller and the buyer.
You want to make sure that a bill of sale form contains all the necessary fields. Therefore, you need to get the right template. Many of them are available on the Internet, and you can download them for free. You can find a file in a printable PDF format that you can fill out using your computer. You can also print it and fill it out by hand.
The completing advice was written around the Wisconsin boat bill of sale form created by our company. However, if there is a document available from your local officials, it is recommended to use it in the transaction.
Step 1: Indicate when the document is created and filled out.
Step 2: Type in the seller’s and purchaser’s particulars:
Step 3: Fill out the detailed information regarding the watercraft that you are selling:
If you involve a trailer in the deal, write down its:
For any motor that goes along with the boat, mention:
Step 4: Specify the transaction method and amount.
This stage also involves specifying the exact date of the transaction and the complete amount approved by each party of the deal. Next, pick one sale method:
Following that, choose one payment method:
The last thing to do in this part is to select if all applicable taxes are included in the purchase price.
Step 5: Go through standard terms and ensure that both parties understand them.
The “as-is” provision indicates that the seller gives no warranty and isn’t responsible for maintenance after the transfer.
Step 6: Now, the form has to be signed.
The purchaser is typically not required to sign the document. But, it is advised to have the form signed by each party. To be sure, the buyer and seller may find a person who will attest the deal and sign the form too.
Step 7: Notarize the document
Notarization is normally not needed, but it’s a good way to create another level of legal safety to the transaction.
The original document copy must be presented to the buyer as they’ll require it to obtain a title to their new boat. As a seller, you may either make a copy and keep it or have a pair of identical forms signed and filled out by all parties.