Sold as-is. The vessel, motor, trailer, and equipment are sold in their present, used condition “AS IS, WHERE IS,” with all faults and no warranty of any kind, express or implied, including MERCHANTABILITY or FITNESS for a particular purpose. The Seller discloses no known material defects; the Buyer relies on their own inspection (and any marine survey) and accepts the vessel as-is. The engine reads approximately 612 hours to the Seller’s knowledge (a vessel has no odometer).
Clear ownership. The Seller warrants that they lawfully own the vessel, motor, and trailer, that each is free and clear of all liens and encumbrances, and that they have full right and authority to sell and transfer them.
Title, registration & transfer. This bill of sale records the sale; it does not by itself transfer legal title. The Seller will deliver the signed title and registration upon payment in full; title and registration transfer when the Buyer completes the process with the state boating/motor-vehicle agency (and the U.S. Coast Guard, if federally documented). Taxes and fees are the Buyer’s responsibility, and the Seller should file any required notice of transfer / release of liability.
Risk of loss. Ownership and risk of loss pass to the Buyer upon delivery and payment in full, after which the Buyer is responsible for insurance, registration, and safe operation.
Electronic signature & entire agreement. This is the entire agreement between the parties and may be signed electronically and in counterparts, each an original and together one agreement.