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When buying or selling a boat in Maryland, having the right documentation is essential to ensure a smooth transaction. One key document that plays a crucial role in this process is the Maryland Boat Bill of Sale DNR B-118 form. This form serves as a legal record of the sale, providing important details about the vessel, such as its make, model, year, and hull identification number. It also captures the names and addresses of both the seller and the buyer, along with the sale price and date of the transaction. By completing this form, both parties can protect their interests, as it helps to establish clear ownership and can be used for registration purposes with the Maryland Department of Natural Resources. Additionally, the DNR B-118 form is beneficial for tax purposes, as it may be required when transferring ownership or applying for a title. Understanding the significance of this form and ensuring it is filled out correctly can prevent potential disputes and facilitate a hassle-free boating experience in Maryland.

Maryland Boat Bill of Sale DNR B-118 Preview

MARYLAND DEPARTMENT OF NATURAL RESOURCES

LICENSING & REGISTRATION SERVICE

BILL OF SALE FOR A VESSEL

All items must be completed in full by Seller.

Alterations will void this document.

VESSEL Hull Identification Number

Manufacturer

Length

 

Year

 

 

 

 

 

 

 

ft.

in.

 

 

 

 

 

 

MOTOR Serial Number

Manufacturer

Model

 

Horsepower

 

 

 

 

 

 

 

 

 

 

_____

 

 

 

 

 

 

__

__

 

VESSEL REGISTRATION NUMBER or

 

 

GROSS SALES PRICE

 

 

DATE OF SALE

 

 

USCG DOCUMENTATION NUMBER

(vessel, motor and accessories excluding trailer)

 

 

PURCHASER #1

 

 

 

 

 

 

_______________ __

 

 

First Name

 

 

Middle Name

Last Name

 

 

PURCHASER #2

 

 

 

________________________________________________

 

 

First Name

 

 

Middle Name

Last Name

 

 

Mailing Address:

 

 

_____________

 

 

 

__

 

 

Street

 

 

City

 

State

Zip

 

SELLER #1

 

 

 

____________________

 

 

__

 

 

First Name

 

 

Middle Name

Last Name

 

 

SELLER #2

_____________

 

 

 

 

 

__

 

 

First Name

 

 

Middle Name

Last Name

 

 

Mailing Address:

____________

 

 

 

 

 

__

 

 

Street

 

 

City

 

State

Zip

 

If vessel was not previously numbered or documented, provide the following information below:

Date acquired: ____________________________ Name of previous owner: _______________________________________

Reason why vessel was not previously numbered or documented: ________________________________________________

_____________________________________________________________________________________________________

I declare and affirm under penalty of perjury that the facts in this Bill of Sale are true and correct.

________________

_____________________________

__________________________

Date

Signature -- Seller #1

Signature -- Seller #2

DNR B-118 Rev 6/17

 

 

Form Attributes

Fact Name Description
Purpose The Maryland Boat Bill of Sale DNR B-118 form is used to document the sale of a boat in Maryland.
Governing Law This form is governed by the Maryland Natural Resources Article, Title 8.
Required Information Buyers and sellers must provide their names, addresses, and signatures on the form.
Boat Details Details about the boat, including the make, model, year, and hull identification number, must be included.
Notarization The form does not require notarization, but it is recommended for added security.
Use for Registration The completed form serves as proof of ownership and is necessary for registering the boat with the Maryland Department of Natural Resources.
Transfer of Title Completing the form facilitates the legal transfer of the boat's title from the seller to the buyer.
Retention Both parties should keep a copy of the signed form for their records after the transaction.
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