Record the hull identification, builder/model, engine serials, registry details, finance, equipment, trial, hull and machinery condition. Deal with any included road trailer as a separate identified item.
For a registered British ship, use the applicable official bill of sale and registry process. This agreement does not replace MSF 4705 or complete a transfer on the UK Ship Register.
This private agreement records the facts and promises reviewed by the parties. It does not notify an authority, prove ownership in every case or replace an official form, tax, insurance, registry or registration step.