How do I transfer ownership of a used boat in New Mexico?
Bellow are the steps to follow to transfer the ownership of a used boat in New Mexico:
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Obtain a signed title from the seller: The seller must provide you with a signed title that proves they are the legal owner of the boat.
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Complete a Bill of Sale: The seller must also provide you with a Bill of Sale, which includes the boat's description, sale price, and the names and addresses of the buyer and seller.
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Complete a New Mexico Department of Game and Fish Form: The buyer must complete a New Mexico Department of Game and Fish Form New Mexico Boat Registration and Change of Ownership Application.
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Obtain a notarized signature: The seller's signature on the title and bill of sale must be notarized.
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Pay the necessary fees: You must pay the title transfer fee, and any other applicable fees.
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Submit the documents: You can submit the signed title, Bill of Sale, New Mexico Boat Registration and Change of Ownership Application Form, and payment to the New Mexico Department of Game and Fish by mail or in person at a Department of Game and Fish office.
Once the Department of Game and Fish receives your documents and payment, they will process your application and issue you a new title. It is important to complete the transfer of ownership promptly to ensure that you are legally recognized as the new owner of the boat.
