Selling a project vehicle boat in New York
When selling a project vehicle boat through a private party sale in New York, a bill of sale protects both the buyer and seller by documenting the transaction details and the vehicle's condition at the time of sale.
Legal considerations for project vehicle vehicles in New York
Non-running vehicles should be sold with bill of sale clauses explicitly stating "sold as non-running" or "sold for parts only." Some states require a salvage or parts-only title designation for vehicles that are not roadworthy. Clearly documenting that the vehicle does not run protects the seller from buyer claims of misrepresentation.
Required disclosures
The bill of sale must state that the vehicle is sold in non-running condition, specify whether it is sold for parts or restoration purposes, and list any major missing components such as engine, transmission, or catalytic converter.