Arkansas Vessel Bill of Sale
The Arkansas boat bill of sale form is for a buyer and a seller of a vessel seeking to transfer the ownership in exchange for cash or other assets. The form will need to be filled in by the parties entering the following;
- Buyer’s
- Name (First, Middle, Last)
- Address
- Vessel Description
- Hull Type
- Make
- Model
- Year
- Hull Identification Number (HIN)
- Purchase Price
- Vessel Conditions
- Odometer Reading
All parties must sign the bill of sale for it to be considered legitimate. It is also advised that there be at least two (2) witnesses and/or a notary public at the time of signing.
Forms Needed to Register
A new owner has thirty (30) days to register a new vessel before being subject to any late fee(s) or fines. The following must be brought with the boat bill of sale to a Revenue Office properly register;
- Proof of Ownership – Through the current registration or Bill of Sale
- County Assessor Proof the Vessel has been listed for Assessment
- Proof Personal Property Taxes have been paid
- Proof of Liability Insurance ($50,000)
The registration is valid for a term of three (3) years.
