This Indiana Boat Bill of Sale documents the reassignment of ownership of a used vessel from the current owner to the individual purchasing it. The document is quite uncomplicated to write out and is offered in Microsoft Word as well as PDF. You can easily print the bill of sale and instantly write the required information in the blanks. You can likewise modify the form if you have MS Word or PDF editing software and enter the details straight into the documentation. There are also spaces in the bill of sale for the outboard motor and boat trailer. Either cross out the areas or write N/A if one or both are not incorporated in the transaction.
To make out the Indiana boat bill of sale you will certainly be required to write out the name and address of both the purchaser and the current owner. For details of the boat you must definitely write in the brand name or maker, measurements, and hull ID number. If you have them, there are likewise areas for the present 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 functionality of the vessel.
As the seller of the vessel, it is vital that you keep a hard copy of the bill of sale. Let’s think about the worst case situation. You happily sell the watercraft for cash money and the purchaser drives away. He quickly puts the vessel in the closest body of water 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 well keep you out of legal trouble.
You should sign it and supply it to the purchaser if the vessel 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 expected to pay state sales tax on the transaction, both the bill of sale and state title might be needed at the tax office.
Tap or click the name of the bill of sale shown below to download and save the Indiana Boat Bill of Sale in Microsoft Word format for completely free of charge. You may also create the Indiana 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 Indiana Boat Bill of Sale form was not constructed by a legal representative or law practice. It is your duty to establish if the form is properly suitable for your criteria. If called for, you have to also make particular that the form is completed filled out as well as additionally notarized and/or witnessed.
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