BoatUS: Two Must-Have Forms For Every Boat Buyer or Seller

News provided by

Boat Owners Association of The United States (BoatUS)

Sep 01, 2016, 12:55 ET


Alexandria, VA (PRWEB) September 01, 2016 -- Behind most successful used-boat transactions, there’s a Purchase Agreement and Bill of Sale that clearly spell out how the boat was bought or sold. The BoatUS Consumer Protection Department now offers both of these documents at no cost online.

“A Purchase Agreement is necessary if you intend to buy a boat, but require that certain things must be done before you will accept the boat, such as a satisfactory marine survey, specific repairs, and the ability to finance or insure the boat,” said BoatUS Consumer Protection Director Charles Fort. “It also describes both parties’ obligations. Once a buyer accepts the boat, the bill of sale is used as proof of purchase. You can download and print both forms 24-hours a day.”

Fort also added that while the two forms were designed to meet the needs of most buyers and sellers, they may want to seek legal advice if there are any questions about whether the forms are appropriate for their situation.

The BoatUS Consumer Protection Bureau offers a dispute mediation service, the only national boating complaint database, and provides consumer-oriented information to help boaters make smart buying decisions. For more go to BoatUS.com/consumer.

###

Suggested Tweet:

BoatUS Consumer Affairs Department now offers no-cost Purchase Agreement and Bill of Sale online http://goo.gl/0tT39F #BoatUS

Suggested Facebook post:

Behind most successful boat transactions, there’s a Purchase Agreement and Bill of Sale that clearly spell out how the boat was bought or sold. The BoatUS Consumer Affairs Department now offers both of these documents online at no cost http://goo.gl/0tT39F

About Boat Owners Association of The United States (BoatUS):

Celebrating 50 years in 2016, BoatUS is the nation’s largest organization of recreational boaters with over a half million members. We are the boat owners’ voice on Capitol Hill and fight for their rights. We help ensure a roadside trailer breakdown doesn’t end a boating or fishing trip before it begins, and on the water, TowBoatUS brings boaters safely back to the launch ramp or dock when their boat won’t, day or night. The BoatUS Marine Insurance Program gives boat owners the specialized coverage and superior service they need, and we help keep boaters safe and our waters clean with assistance from the non-profit BoatUS Foundation for Boating Safety and Clean Water. Visit BoatUS.com.

D. Scott Croft, Boat Owners Association of The United States (BoatUS), 703-461-2864, [email protected]