Maryland Boat Bill of Sale Form

Do You Need to Have a Bill of Sale to Register a Boat in Maryland?

To register a boat that you have purchased, you will need to provide a bill of sale template in certain cases, including the following:

• For a vessel currently titled in the state
• For a new vessel if the Certificate of Origin does not contain some essential info, such as the buyer’s name, price, date of sale, and signatures of both parties
• For a vessel purchased via the Internet if it is longer than 12 feet and the Certificate of Origin does not contain some essential info, such as the buyer’s name, price, date of sale, and signatures of both parties
• For a used vessel registered in a title state if the buyer’s name, date of sale, and price are missing from the assignment of title
• For a used vessel registered in a non-title state

All the required documents can be either provided personally or sent by mail to one of the Maryland DNR Service Centers. The list of other documents depends on the particular situation. For example, if it is a new vessel, then, along with the Maryland boat bill of sale, you will also need to provide:

• DNR Form B-240
• Certificate of Origin

Maryland Boat Bill of Sale Registration Details

Where Can You Get a Bill of Sale?

When you get a boat bill of sale form for free, it must contain some important information about the parties of the deal and the property, including:

• The names of the parties
• Date of sale
• Signatures of the seller and the buyer
• Amount of sale
• Full vessel description (year, maker, HID, and current registration number).

There is a template of the bill of sale form provided by the Maryland DNR. It is available in printable PDF format, and you can download it before selling or buying a boat. It is also possible to find a different free template on the Internet, but you should make sure that it contains all the required fields that must be filled out for the registration of a vessel.

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How to write a Maryland Boat Bill of Sale?

The completing guide is intended for the Maryland boat bill of sale form created by our company. But, if there’s a document available from your local officials, it is always advised to use it in the deal.

Step 1: Specify the document’s creation date.

Step 2: Type in the information of both parties (purchaser and seller):

• Full legal name
• Address: Street, City of residence, State of residence, Postal code
• Contact information: Contact number, Email address
  

Step 3: Enter the details regarding the boat you are selling:

• Manufacturer (or make)
• Title number
• Year
• Color
• Hull Identification Number (HIN)
• Odometer reading
• Value

As well as that, you will need to include information about trailers and motors that are sold together with your boat.

• Make (for both trailers and motors)
• License Plate Number (only for trailers)
• Color (only for trailers)
• VIN (only for trailers)
• Year (only for trailers)
• Horsepower (only for motors)
• Serial number (only for motors)
• Dollar value (for both trailers and motors)
  

Step 4: At this point, you will need to establish the way in which you are going to get money for the boat.

This stage also requires specifying the date of the transaction and the full sum decided upon by all parties of the transfer. After that’s been performed, you will need to indicate the way of purchase:

1. The entire amount at once. One of the more simple choices: the boat owner acquires the entire sum from the purchaser in one transaction and presents the watercraft to the purchaser on the same day.
2. Giving the boat as a present. This option implies that the purchaser is not obliged to pay the seller anything for the boat.
3. Installments. Indicate the down payment sum and the date it needs to be paid, along with the date by which the entire sum has to be transferred to the boat owner.

Your next step is deciding on the type of payment:

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

Finally, check if the purchase amount contains all applicable taxes.

Step 5: Look at standard terms and make sure all parties have an understanding of them.

This part normally contains the “as-is” provision that means the watercraft is sold without a warranties.

Step 6: Sign the bill of sale.

The buyer is normally not requested to sign the form. However, you’ll be more protected from legal complications if all sides sign the document. You may additionally have one or several witnesses confirm the transaction.

Step 7: Have a notary public certify the bill of sale

With this, you will get more legal protection. Nonetheless, this step is generally completely elective.

The purchaser should have the original bill of sale as it is commonly necessary for the title change. As a seller, you may either get a copy and keep it or have a pair of identical forms signed and completed by both sides.