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Boat Sale with Trailer

I am selling my boat, motor and trailer. Do I have to have a separate bill of sale for each?

That is one way to do it. However, at Apple Notaries Inc., we have designed a Bill of Sale that lists the total price of all three, as well as the vital information such as the VIN of the trailer and the Hull ID# of the boat. The price is then separated1, because there is no tax due on the boat and motor if they were already registered in Louisiana. Tax is then paid on the value of the trailer.

1 If the total price is listed without a breakdown, showing the separate value of the trailer, the Office of Motor Vehicles will charge tax on half the value, and usually the trailer is not worth that much. Also, the correct valued amount must be written in on the title for the trailer.

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