Arkansas Boat Bill of Sale
The acquisition and sale of a motorized boat/vessel between two or more parties is documented by an Arkansas boat sale. The sale document serves as proof of the transaction, including the vessel's condition and the mutually agreed bought price. After documenting the boat in their name, the recent proprietor has to show the sale document to the Arkansas Division of Finance and Administration (DFA) to confirm proprietorship. Signing requirements- The purchaser and the vendor have to sign in the company of a notary public who is licensed by the state.

Getting a Boat Registered

Before operating on public waters, both mechanized and automated boats have to be documented with the Arkansas Department of Finance and Administration (DFA). Within thirty days of buying, recently bought boats have to be documented by the new possessor.

The registration will be effective for three years after it has been processed. When the registration is about to expire, the DFA sends out a renewal notice; the owner can renew their documentation by filling in the notice form and returning it to the DFA (no later than fifteen days before its due date) or going to their municipal state revenue workspace.

Where Should I Register?

Boat possessors have to document their vessels physically at a state revenue office in Arkansas.

Documents Required

  • Evaluation from AR County Assessor;

  • An acceptable Driver’s License or Photograph Identification;

  • Bill of Sale;

  • Personal tax receipt from the county tax collector (or, documentation of payment stamped on the assessment papers will suffice);

  • Legible Pencil Rubbing or Printed Photograph of the HIN;

  • Documentation charges ($7.50-$150, based on the boat’s length); and

  • Insurance evidence with the following requirements (specifically for boats powered engines of fifty horsepower):

    • Fifty thousand US dollars or over of responsibility insurance for every incident.