Buying A Boat In Michigan -
Vessel details: Make, model, year, and . Purchase price and date of transaction. Signatures from both parties.
Buying a boat in Michigan involves navigating specific legal requirements from the Michigan Secretary of State (SOS) . All watercraft used in Michigan waters must be registered unless they are 16 feet or shorter and non-motorized.
: You will need either a signed-over Title (for boats 20 feet or longer, or those with permanently affixed engines) or the current registration from the previous owner if a title is not required. buying a boat in michigan
: This document serves as your receipt and proof of purchase price for tax purposes. According to the State of Michigan, a valid bill of sale should include: Full names and addresses of the buyer and seller.
: Costs vary based on the boat’s length and are typically valid for three years , expiring on March 31st of the final year. Vessel details: Make, model, year, and
: A 6% sales tax applies to the purchase price (minus any trade-in value).
: You must visit an SOS branch to submit form WR-11L to finalize the process. Costs and Fees Buying a boat in Michigan involves navigating specific
To ensure a smooth transfer of ownership, you must secure several key documents: