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If you are looking for a contract that contains more specific warranties or terms for the buyer, LawDepot also offers a sales contract form. If an item is insurable, you may need to prove that you are the rightful owner before you can purchase insurance. In case of correct completion, a sales contract provides proof of ownership and its date indicates when ownership passes from seller to buyer. By using a sales contract as a receipt, the seller can prove that an item was sold “as seen”. In addition, the buyer can prove that he has fully delivered the agreed payment (including any trades) to the seller. Keep all of these things in mind when you go through your car purchase contract. Before buying a car, the buyer must know the requirements before the purchase. All of this is in the contract document. Use the spaces in this selection to save the boat`s “Make”, “Length”, “Title #”, “Hull ID#” and “Odometer Hours”. All boats built after 1972 display their hull number at the stern (aft) in the upper right part of the stern….