Boat title transfer question

Discuss all your Fishing boats that you use here. Bass Boats, John Boats, Gheenoes, Canoes ect.

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Iluv2hunt
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Boat title transfer question

Post by Iluv2hunt » Fri Jan 31, 2014 7:16 am

If Family member A wants to transfer ownership of a vessel to family member B, what is required? Is a bill of sale required being no money is changing hands? What is required when family member B goes to register vessel?
I don't hunt turkeys because I want to, I hunt them because I have to. ~Colonel Tom Kelly

X711
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Re: Boat title transfer question

Post by X711 » Fri Jan 31, 2014 9:16 am

sign over the title and put in $0 on sale price. bill of sale stating it as a family member to member gift will also help..

pay the title and reg fees and your are set (you only get away with not paying sales taxes)

9dawgs

Re: Boat title transfer question

Post by 9dawgs » Tue Feb 04, 2014 1:12 pm

I've always just put $1 in the bill sale. That's what I've always been told to do. When you go to make the title transfer just tell them it was a gift. It's always worked for me and I've never had an issue. This was for cars by the way but the registration process is the same I believe.

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