Sample Transaction Details
Below is a fictional example showing what a completed boat bill of sale looks like for Clovis, New Mexico:
Condition
As-Is, No Warranty
Key Sections Explained
- VIN (Vehicle Identification Number)
- The unique 17-character code assigned to every motor vehicle. Always verify this matches the title and the plate on the dashboard.
- Odometer Disclosure
- Federal law requires the seller to certify the mileage reading. Tampering with an odometer is a federal crime.
- As-Is Clause
- States the vehicle is sold without warranty. The buyer accepts all risk for future repairs unless otherwise noted.
- Signatures & Date
- Both parties must sign and date the document. Some states require signatures to be witnessed or notarized.
This is a sample only
Replace all names, vehicle details, and prices with your actual transaction information. Use our generator to create a legally compliant document for your real sale.
Rebuilt title — What You Need to Know
The vehicle was previously a salvage title but has been repaired and passed a state inspection, allowing it to be re-branded as "rebuilt" and registered for road use.
Seller guidance
Disclose the rebuilt title status clearly in the bill of sale. Provide the buyer with copies of the state inspection certificate that authorized the re-branding from salvage to rebuilt. If you performed the repairs yourself, document the parts used and work done. A rebuilt title affects resale value and insurability permanently.
Buyer guidance
A rebuilt title vehicle may look and run fine, but it will always carry the rebuilt brand. Before purchasing, inspect the vehicle thoroughly or have an independent mechanic perform a post-repair inspection. Request copies of repair receipts and the state inspection certificate. Verify the vehicle is insurable at acceptable rates before paying.
Legal note
Rebuilt title inspection requirements vary by state. Most require a physical inspection by a licensed inspector or law enforcement to verify the VIN, confirm repairs, and ensure roadworthiness. Inspectors typically check that no stolen parts were used. The rebuilt brand is permanent on the title history — it cannot be upgraded to a clean title. Federal law prohibits misrepresenting a rebuilt vehicle as having a clean title (49 U.S.C. § 32705).
Rebuilt title checklist
- Confirm the title is branded "rebuilt" (or equivalent in your state)
- Obtain copies of the state rebuilt inspection certificate and repair records
- Disclose the prior salvage history and the nature of the original damage
- Verify the vehicle is registered and insurable in the buyer's state
- Conduct an independent mechanical inspection focused on prior damage areas
Boat Safety & Recall Information
Data sourced from NHTSA safety ratings and recall databases
Average Safety Rating
0 / 5
Avg. Price Range
$5,000–$75,000
Odometer Disclosure
Not required
Safety checkpoints for boat buyers
- Verify Hull Identification Number (HIN) matches registration documents
- Check for delamination, blistering, or water intrusion in fiberglass hulls
- Inspect transom for softness or rot — the most expensive structural repair
- Test all bilge pumps, navigation lights, and required safety equipment
- Confirm USCG-required PFDs, throwable cushion, and visual distress signals are present
- Verify fire extinguisher is current and properly sized for vessel length
- Test carbon monoxide detector function on cabin boats
- Confirm kill-switch lanyard operation cuts engine immediately
Common recall categories
Fuel SystemElectricalSteeringHull IntegrityPropulsion
On average, each boat model has approximately 1.8 recalls. Always check your specific vehicle at NHTSA.gov/recalls before completing a sale.
Clovis Rebuilt title boat example — when to file
New Mexico requires title transfer within 90 days of the sale date on the bill of sale. For rebuilt title transactions specifically, file at MVD Field Office – Clovis (Visit https://www.mvd.newmexico.gov for the nearest Clovis, NM office) during normal hours: Mon–Fri 8:00 AM–4:30 PM. Miss the 90-day window and New Mexico typically charges a late-transfer penalty plus accrued use tax, and the seller can remain on the title for civil liability until the buyer completes retitling. Bring the signed title, the completed Clovis bill of sale, your government-issued ID, and payment for the $5.00 title transfer fee plus 5.50% sales tax on the purchase price.
Example reminder. Whether you keep your example as a reference example, both buyer and seller should leave the signing with an identical executed copy. The buyer needs the original to present at MVD Field Office – Clovis; the seller keeps a duplicate to prove the date of transfer if a future liability question arises before the title fully retitles.