extravert
New member
Does a purchaser of a new boat get a Bill of Sale, or is this document only used when buying a second hand boat?
Bill of Sale - simple question
- Thread starter extravert
- Start date
steve_cronin
N/A
Well....
We sold our last three using the standard RYA format at those times (personal details not necessarily accurate):-
BILL OF SALE
for the Yacht “Happy Hooker” ('the Yacht') and the inventory of equipment hereto attached ('the Inventory')
Yacht Type: Jenaria Scud 38
Year built: 1984
Length: 13.14 metres
Beam: 3.86 metres
Auxiliary Power: 27hp Yanmar 3GM30FW diesel
Small Ships Reg. No: SSR 12345
Hull Identification Number “HULL NO XXX"
Peregrine Ponsonby-Smythe and Davina Ponsonby Smythe of: 36d Bristol Rd Titsford, NE1 4AP
('the Transferors')
IN CONSIDERATION of the sum of £123,456 (One hundred and twenty three thousand four hundred and fifty six pounds) paid to us by:
Joeseph Muggins
of: 6 Inther St, MOSTNIGHTS, B4 8OC ('the Transferee')
receipt of which is acknowledged;
1. Transfer the Yacht and the Inventory to the Transferee;
2. The Transferors for themselves and for their heirs covenant with the Transferee and his heirs and assigns that they have powers so to transfer and that the Yacht and the Inventory are free from encumbrances.
3. The Transferee accepts the Yacht and the Inventory in the condition as surveyed and approved by his surveyors on the thirty sixth day of December 2003.
4. The Transferee accepts that no warranty is given by the Transferors nor their heirs as to the condition of the Yacht and the Inventory nor as to the suitability of either for any purpose to which the Transferee or his heirs and assigns may put the Yacht or any constituent item of the Inventory at any time in the future.
SIGNED this . . . . . . . . .day of January2007
(
(signatures of Transferors)
. . . . . . . . . . . . . . . . . . . . . (signature of Transferee)
in the presence of: . . . . . . . . . . . . . . . . . . . . . . . (signature of Witness)
. . . . . . . . . . . . . . . . . . . (name of Witness)
of: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (address of Witness)
Clause #2 is the important bit as it needs to be declared that the boat is sold without encumberance.
Both of the last two new boats we bought (apart from the very last which was bought on unusual terms) had no such "BILL OF SALE" as it isn't likely that a new chunk of GRP is going to be encumbered. FAR more important that you have a VAT receipt to avoid nasty surprises when you try to register her or cross international boundaries.
Steve Cronin
We sold our last three using the standard RYA format at those times (personal details not necessarily accurate):-
BILL OF SALE
for the Yacht “Happy Hooker” ('the Yacht') and the inventory of equipment hereto attached ('the Inventory')
Yacht Type: Jenaria Scud 38
Year built: 1984
Length: 13.14 metres
Beam: 3.86 metres
Auxiliary Power: 27hp Yanmar 3GM30FW diesel
Small Ships Reg. No: SSR 12345
Hull Identification Number “HULL NO XXX"
Peregrine Ponsonby-Smythe and Davina Ponsonby Smythe of: 36d Bristol Rd Titsford, NE1 4AP
('the Transferors')
IN CONSIDERATION of the sum of £123,456 (One hundred and twenty three thousand four hundred and fifty six pounds) paid to us by:
Joeseph Muggins
of: 6 Inther St, MOSTNIGHTS, B4 8OC ('the Transferee')
receipt of which is acknowledged;
1. Transfer the Yacht and the Inventory to the Transferee;
2. The Transferors for themselves and for their heirs covenant with the Transferee and his heirs and assigns that they have powers so to transfer and that the Yacht and the Inventory are free from encumbrances.
3. The Transferee accepts the Yacht and the Inventory in the condition as surveyed and approved by his surveyors on the thirty sixth day of December 2003.
4. The Transferee accepts that no warranty is given by the Transferors nor their heirs as to the condition of the Yacht and the Inventory nor as to the suitability of either for any purpose to which the Transferee or his heirs and assigns may put the Yacht or any constituent item of the Inventory at any time in the future.
SIGNED this . . . . . . . . .day of January2007
(
(signatures of Transferors)
. . . . . . . . . . . . . . . . . . . . . (signature of Transferee)
in the presence of: . . . . . . . . . . . . . . . . . . . . . . . (signature of Witness)
. . . . . . . . . . . . . . . . . . . (name of Witness)
of: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (address of Witness)
Clause #2 is the important bit as it needs to be declared that the boat is sold without encumberance.
Both of the last two new boats we bought (apart from the very last which was bought on unusual terms) had no such "BILL OF SALE" as it isn't likely that a new chunk of GRP is going to be encumbered. FAR more important that you have a VAT receipt to avoid nasty surprises when you try to register her or cross international boundaries.
Steve Cronin
david_e
Active member
I got an MCA one with mine from Dickies (I think, can check at home 2 night if you want)
claymore
Well-known member
Re: Davina
How is the old trout - served with her father on the Southern Front - damn fine chap - never realised she and old Peregrine tied the knot - obviously he hadn't heard the tale of the Armoury Queue - went down in Regimental history don't you know
regards
Claymore
How is the old trout - served with her father on the Southern Front - damn fine chap - never realised she and old Peregrine tied the knot - obviously he hadn't heard the tale of the Armoury Queue - went down in Regimental history don't you know
regards
Claymore
pandroid
Active member
I thought you only got one with a secondhand boat, but it may depend on the builder. You normally have a 'contract' for a new boat, signed when you order it - months ahead of delivery. On delivery you may get a 'builders certificate'. All I got was a receipt, and I had to ask for that!
steve_cronin
N/A
Fascinating....
Her father went down on the Prince of Wales you know!
Her father went down on the Prince of Wales you know!
claymore
Well-known member
Re: Fascinating....
Hmm - is that what they mean when they say "He had a good a war"?
regards
Claymore
Hmm - is that what they mean when they say "He had a good a war"?
regards
Claymore
Observer
Active member
Bills of Sale etc
Boatbuilders usually provide a "builder's certificate" with a new boat. It should ideally be made out to the purchaser but, in the case of volume production boats, it may be left blank. It acts as the first link in the "title chain" which you need to show for Part 1 registration (and is important even if not part I registered). Each subsequent purchaser should have a bill of sale issued by the previous owner. The RYA form is fine or you can download the MCA form from their website. If you can't find it, PM me and I'll e-mail it to you.
The legal significance of a bill of sale is that it is a conveyance of ownership. An invoice from a dealer/distributor, on the other hand, is merely evidence that a sale (and transfer of ownership) has taken place.
Boatbuilders usually provide a "builder's certificate" with a new boat. It should ideally be made out to the purchaser but, in the case of volume production boats, it may be left blank. It acts as the first link in the "title chain" which you need to show for Part 1 registration (and is important even if not part I registered). Each subsequent purchaser should have a bill of sale issued by the previous owner. The RYA form is fine or you can download the MCA form from their website. If you can't find it, PM me and I'll e-mail it to you.
The legal significance of a bill of sale is that it is a conveyance of ownership. An invoice from a dealer/distributor, on the other hand, is merely evidence that a sale (and transfer of ownership) has taken place.
