How do I transfer ownership of a used boat in New Jersey?
You will need to follow the checklist bellow:
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Obtain a bill of sale: The seller and buyer should sign a bill of sale which includes the boat's description, hull identification number, and sale price.
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Obtain the title: The seller should provide you with the original title of the boat, which will have a transfer section on the back. The seller should sign the title and fill out the transfer section with the buyer's information.
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Complete a Registration Application: You will need to complete a registration application form (Form BA-51) and submit it along with the bill of sale and the title to the New Jersey Motor Vehicle Commission (MVC). You can also complete the application form online.
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Check for Liens: Ensure there are no outstanding liens or loans against the boat. Obtain a lien release from the seller if necessary.
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Visit the New Jersey Motor Vehicle Commission (MVC):
- Bring all necessary documents (original title, bill of sale, completed form, etc.) to your local MVC office.
- Pay any applicable fees, including sales tax and registration fees.
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Pay the fees: You will need to pay a transfer fee and sales tax on the purchase price of the boat.
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Receive New Certificate of Ownership:
- After processing your application, you will receive a new certificate of ownership (title) in your name.
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Obtain new registration and decals: Once the transfer is complete, you will receive a new registration and decals for the boat.
It's important to note that if the boat is documented with the U.S. Coast Guard, you will need to provide the documentation number and a copy of the certificate of documentation to the MVC.