This blank yacht bill of sale template for Wisconsin contains the following sections:
Seller Info
Name, address, phone, email
Buyer Info
Name, address, phone, email
Vehicle Details
Year, make, model, color, body
VIN & Odometer
17-digit VIN, current mileage
Sale Terms
Price, payment method, date
Disclosures
As-is status, known defects
Signatures
Buyer/seller lines with date
Notarization
Notary block if state requires
How to Fill Out This Template
1Print the blank template on US Letter paper
2Enter the yacht details exactly as they appear on the title
3Record the odometer reading at the time of sale
4Agree on the sale price and fill in the payment terms
5Both parties sign and date in the presence of each other
6File the completed form with your local Wisconsin DMV within the required timeframe
Tip: Our online generator pre-fills Wisconsin-specific requirements so you don’t miss any required fields.
Financed vehicle — What You Need to Know
The buyer is financing the purchase through a lender. The lender will hold a security interest in the vehicle until the loan is paid in full, and the title will reflect the lienholder.
Seller guidance
If you are selling as a private party offering financing (seller financing), the transaction is governed by the Truth in Lending Act (TILA), Regulation Z (12 CFR Part 1026). You must provide the buyer a written disclosure of APR, finance charge, amount financed, total payments, and payment schedule. Failure to comply can expose you to civil liability.
Buyer guidance
When financing through a bank or credit union, your lender will place a lien on the title. You will not receive a clear title until the loan is paid off. Under TILA, you have the right to a written disclosure of all loan terms before signing. Review the APR and total cost of financing carefully.
Legal note (Wisconsin-specific)
WI requires the lienholder to release the lien before title transfer. The lienholder provides a written release or signs the title. Transfer title within 7 days.
Financed vehicle checklist
Obtain pre-approval letter or lender commitment before finalizing sale price
Confirm lender's payoff instructions if seller has an existing lien
Record the new lienholder on the title at the DMV
Review TILA disclosure for APR, finance charge, and payment schedule
Retain a copy of the signed bill of sale and loan documents
Obtain lien release from lienholder after payoff
Submit lien release at WI DMV
Transfer title within 7 days
Yacht Safety & Recall Information
Data sourced from NHTSA safety ratings and recall databases
Average Safety Rating
0 / 5
Avg. Price Range
$50,000–$500,000+
Odometer Disclosure
Not required
Safety checkpoints for yacht buyers
Require a professional marine survey before purchase — standard practice for vessels over 26 ft
Inspect engine hours, service records, and oil analysis reports
Check hull condition with moisture meter and visual inspection below waterline
Verify USCG documentation or state registration status
Confirm life-raft service is current and EPIRB is registered/within battery date
Verify USCG-required PFDs for max passenger count plus throwables and signals
Test bilge alarm system and high-water sensors in each compartment
Inspect fire-suppression system in engine room (FE-241 or equivalent)
Common recall categories
Fuel SystemElectricalEngineSteeringHull Integrity
On average, each yacht model has approximately 1 recalls. Always check your specific vehicle at NHTSA.gov/recalls before completing a sale.
Wisconsin Tax & Fee Summary
State Sales Tax Rate
5%
Title Transfer Fee
$165
Private Party Exempt
No
5% state plus 0.5% county tax in most counties
Sales tax applies to private party vehicle purchases
Chippewa Falls Financed vehicle yacht template — when to file
Wisconsin requires title transfer within 10 days of the sale date on the bill of sale. For financed vehicle transactions specifically, file at Wisconsin DMV – Chippewa Falls (Visit https://wisconsindot.gov/Pages/dmv to find the nearest Chippewa Falls office) during normal hours: Mon–Fri 8:00 AM–5:00 PM (verify hours with local office). Miss the 10-day window and Wisconsin 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 Chippewa Falls bill of sale, your government-issued ID, and payment for the $165.00 title transfer fee plus 5% sales tax on the purchase price.
Template reminder. Whether you keep your template as a blank template you fill in by hand, both buyer and seller should leave the signing with an identical executed copy. The buyer needs the original to present at Wisconsin DMV – Chippewa Falls; the seller keeps a duplicate to prove the date of transfer if a future liability question arises before the title fully retitles.
Frequently asked questions
What financed vehicle documents do I need for a yacht sale in Chippewa Falls, Wisconsin?
For a financed vehicle yacht transaction in Chippewa Falls, you need: Obtain pre-approval letter or lender commitment before finalizing sale price; Confirm lender's payoff instructions if seller has an existing lien; Record the new lienholder on the title at the DMV; Review TILA disclosure for APR, finance charge, and payment schedule; Retain a copy of the signed bill of sale and loan documents; Obtain lien release from lienholder after payoff; Submit lien release at WI DMV; Transfer title within 7 days.
What is the sales tax on a yacht private sale in Chippewa Falls, Wisconsin?
The Wisconsin state sales tax rate is 5%. 5% state plus 0.5% county tax in most counties. Sales tax applies to private party vehicle purchases
Do I need to notarize a yacht bill of sale in Wisconsin?
Check with your local Wisconsin DMV office for notarization requirements. Requirements can vary by county.
What are common recalls for a yacht?
Common recall categories for yachts include: Fuel System, Electrical, Engine, Steering, Hull Integrity. On average, each yacht model has approximately 1 recalls. Always check your specific vehicle at NHTSA.gov before completing a sale.
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