Interested in selling your boat? Maybe you are tired of dealing with a ship for which you don’t have time anymore, and the costs of storage are not worth it any longer. It could be both or even more reasons for letting go. So you are now pretty determined to sell your ship, but how does the transaction work? You just receive cash or a paycheck and that’s about it? Well, that would be the end of it, but not the beginning. By now you should have an idea of what a bill of sale is, but what do you need to issue one? It’s important to learn how to process a Canadian vessel bill of sale.
Bill Of Sale: Information and Details
The more specific the information, the better the Canadian vessel bill of sale will be. It’s important to be as precise as possible so things are clear for both the seller and the buyer. A complete bill of sale will ensure the transaction is serious and that you are someone trustworthy to make business with.
So what does the bill require? Specify the boat name, the hull and registration numbers, and other details (VIN, make, model, year, etc). Afterward, include the date of transaction, the price agreed upon the ship, and any extras that may be included in the deal. If you can provide the exact amount for those extras (may it be additional tools, equipment, or gear that didn’t come from the original manufacturer), you will make the final price clearer.
Writing Down The Information
Don’t make a fuss trying to figure out how to write down the Canadian Vessel bill of sale. The Internet is full of templates you can download and print for free. Choose a bill of sale suited for boats and check that it’s compatible with your state’s laws. Make sure there are blocks for the signatures of both the seller and buyer and space for a notary witness to sign and put a seal on the document.
Once the bill of sale is written and signed, the next step is to apply for the transfer of ownership. You can find the form on our website. It’s a very simple procedure! We know how hard dealing with paperwork and documentation can be, so we designed our site to be as easy to use as it can get.
At Canada Transport, you can find a wide variety of applications for all kinds of vessels. If you have any questions, contact us at any time. We are glad to help.