This Arkansas Boat Bill of Sale records the shift of ownership of a used watercraft from the current owner to the person buying it. The instrument is really straightforward to complete and is available for download in Microsoft Word together with PDF. You may print the legal document and quickly write the information in the blanks. You can similarly modify the form utilizing Microsoft Word or PDF editing software and enter the information and facts straight into the form. There are also areas in the bill of sale for the boat’s motor and boat trailer. Either cross out the areas or write N/A if one or both are not being included in the purchase.
To make out the Arkansas boat bill of sale you will undoubtedly be expected to write in the name and address of both the purchaser and the owner. For details of the boat you should fill in the trade name or maker, measurements, and hull ID number. If you have them, there are likewise spots for the existing title number and registration number. Naturally the legal document specifies that the boat is being offered as is, which indicates the seller makes no representations regarding the condition or use of the vessel.
As the seller of the vessel, it is crucial that you keep a hard copy of the bill of sale. Let’s think about the worst case circumstance. You happily sell the vessel for cash money and the purchaser drives away. He instantly puts the watercraft in the lake and strikes another boat or a swimmer. The boat is still legally registered in your name. Having the ability to supply the bill of sale might quite possibly keep you out of legal trouble.
You need to sign it and furnish it to the purchaser if the watercraft has a state-issued title. The new owner will not be able to sign up the boat without the title. If the new owner is mandated to pay state sales tax on the sale, both the bill of sale and state title might be needed at the tax office.
Click or tap the name of the bill of sale under this paragraph to download and save the Arkansas Boat Bill of Sale in Microsoft Word format for completely free of charge. You may also create the Arkansas Boat Bill of Sale using our free fillable PDF version. The PDF has fillable fields into which you can type the required information.
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This Arkansas Boat Bill of Sale form was not formed by a legal representative or law practice. It is your obligation to establish if the instrument is legally ideal for your criteria. If called for, you have to similarly make particular that the form is completed filled out as well as additionally notarized and/or witnessed.
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