Selling a boat may appear like a regular transaction but it requires thorough documentation to confirm the sale and avoid any legal issues. A boat sale receipt is a comprehensive document to capture all details of the transaction when selling a boat. This boat sale receipt template at Wordlayouts contains all the necessary information to confirm the transfer of ownership of a boat and provide a proof of payment.
Write the receipt number and date located at the top of the template. The purchaser’s name, address, and phone number should be written in the “Bill To” section. Then write your own contact information in the “Sold By” section.
Complete the “Boat Information” section with information including the boat’s name, manufacturer, model, classification (e.g. yacht, fishing boat), size (feet or meters), and construction year. Additionally, write the Hull Identification Number (HIN), registration number, color, odometer reading in hours, and engine number into the appropriate sections.
If you are also selling a trailer, select the “Trailer Included” option and fill out the details for the trailer’s manufacturer, type, identification number, registration plate number, and amount of axles. To add the outboard motor, mark the correct box and complete the sections with details about the motor’s brand, type, hours of use, year it was manufactured, power, and it’s identification number.
Next, write down the purchase date and the method of payment. Separately note down the price of the boat, trailer, and motor in the given fields. Then calculate the sum for the grand total, and write any outstanding balance if a partial payment was completed. Last but not least, double-check all the information for correctness and sign the form to finalize the transaction.
Overall, this receipt template captures all details of the boat sale comprehensively and makes sure that both parties have full clarity on all aspects of the sale. The thoroughness of this document makes it legally compliant and an official proof of transfer of ownership.
You can access this template in DOCS, DOTX, Google Docs and ODT formats. It can be easily modified and if you want to add or remove any sections, you can easily do so. Furthermore, it can be printed as a receipt book to help you create professional and consistent receipts each time.
