An Arkansas boat bill of sale is a form providing proof of the purchase and sale of a water vessel between two (2) parties. A boat bill of sale is required when registering a boat in the state of Arkansas, so it’s important that the parties to the sale complete this document. The boat must be described in the form, including the HIN, year, make, and model, as well as the purchase price. To validate the sale, the buyer and seller will inscribe their signatures on the document. Any trailers or non on-board motors should be included in the bill of sale as well.
All boats propelled by a sail or motor must be registered with the Arkansas Department of Finance and Administration to be operated legally on public waters. To register a new or used boat, an individual can complete the following steps:
- Assemble the necessary forms and documentation, which include the following:
- Verification of hull identification number (HIN) (either photograph or pencil rubbing).
- Proof of ownership (current registration or a bill of sale).
- Proof that the boat has been or is listed to be assessed from a county assessor.
- Proof that personal property taxes have been paid.
- Proof of liability insurance for all watercraft with engines more than fifty (50) horsepower.
- Visit any state revenue office and hand over all documents mentioned in Step 1.
- Pay the appropriate registration fee.
- Motorboat less than 16 ft. long – $7.50
- Motorboat 16 ft. to less than 26 ft. long – $15.00
- Motorboat 26 ft. to less than 40 ft. long – $51.00
- Motorboat 40 ft. and over – $105.00