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Buying A Boat - Why You Need A Boat Bill Of Sale Form When Buying A Boat
By Darren D King
Most boats are purchased through private sales. Prospective buyers of any watercraft are recommended to protect themselves with a professional boat bill of sale form. This is a fast and accepted way to provide peace of mind about your purchase.
The first thing a prospective boat buyer should do is to investigate the current market price for boats of a comparable size and power. The NADA online guide is a simple way to do this. Some other things to ask include whether the boat has ever been fined or has any outstanding fines? Has the boat ever been involved in an accident? How many hours does the motor have and is there any proof of a maintenance history? And finally does the boat have a current registration?
Buying a boat from a private seller can have some advantages too. Many times you will pick up some extras that you would have had to pay extra for with a brand new boat. Things like a marine radio, anchor, boat cover and even a trailer may all be bundled together and make a great buy.
Once you have agreed to buy the boat you should record the following details on your boat bill of sale form. Be sure to include both your own and the sellers name, the make and model of the boat, the price at which the boat was sold, the hull identification number, the date you bought the boat and lastly the signatures of both parties.
Completing a boat bill of sale form will make certain that you have documented your purchase as well as providing proof of ownership. It's an easy way to protect yourself and is essential for all aspiring boat owners.
About the author
Darren D King is an avid boatsman and businessman. He runs a website providing professional boat bill of sale forms that provide boat buyers with security and peace of mind. For more information on boat bill of sale forms, please see http://www.BoatBillOfSale.org
Article Source: http://EzineArticles.com/?expert=Darren_D_King
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