Simple Purchase Agreement For Boat

You can create your own boat purchase agreement or use a form that can be provided by your state (for example, search online for “Michigan Boat Purchase Agreement”). If you find a form, you`ll likely have details for your state. Some states require that the boat purchase contract be certified notarized by both the buyer and the seller. In some states, it may not be necessary to sell boats to close the sale, but using a sale is a good idea because it proves the details of the deal. If the boat has a title – required in most states for boats longer than 16 feet – that title still has to be transferred from the seller to the buyer in accordance with state regulations. If your state does not require or offer the use of a particular form, you can use a generic boat purchase agreement as proposed by: The use of a formal boat sale contract protects both the buyer and the seller and significantly helps to avoid any misunderstanding between the parties. . . .