Safe Selling Practices
Protect yourself and your interests throughout the boat selling process.
Important
Buyer Verification
- Request government-issued photo ID
- Verify contact information
- Ask for proof of funds or pre-approval
- Document all communications
Secure Payments
- Use escrow services for large transactions
- Never accept personal checks
- Verify wire transfers before transfer
- Get everything in writing
Legal Documents
- Use standard bill of sale forms
- Include all warranty disclaimers
- Document boat's condition
- Keep copies of all paperwork
Test Drives
- Verify insurance coverage
- Have a safety plan
- Set clear boundaries
- Choose safe locations
Warning Signs
Buyer unwilling to meet in person
Requests to wire money to unknown accounts
Pressure to skip documentation
Unusual payment methods proposed
Reluctance to provide identification
Required Documentation
Bill of Sale
Required
Legal document proving transfer of ownership
Title Transfer
Required
Official registration transfer documents
Safety Inspection
Current boat safety inspection report
Maintenance Records
Documentation of service history
Insurance Release
Required
Proof of insurance cancellation/transfer