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Started By
Message
Legal stuff buying a boat (Private Seller)
Posted on 1/14/22 at 1:06 pm
Posted on 1/14/22 at 1:06 pm
Anyone can help with advice on buying a boat from a private seller, as far as documents to have, paying taxes afterwards, etc. Thanks in advance 
This post was edited on 1/14/22 at 1:07 pm
2
Posted on 1/14/22 at 1:54 pm to ItFliesItDies
do a signed and notarized bill of sale, one for the boat and one for the trailer
get the boat’s MSO
get the trailer title
exchange funds
register the boat
register and tag the trailer and pay sales taxes
hit the water
get the boat’s MSO
get the trailer title
exchange funds
register the boat
register and tag the trailer and pay sales taxes
hit the water
This post was edited on 1/14/22 at 1:57 pm
Posted on 1/14/22 at 3:49 pm to cgrand
Have him write the bill of sale for the trailer for like $100. You only pay taxes on the trailer sale. Also apply for a lifetime license plate for the trailer, cost more upfront but you won't have to worry about keeping up with frequent registration fees.
Posted on 1/14/22 at 4:17 pm to TigerATO
So you don't pay taxes on the boat sale?
Posted on 1/14/22 at 4:20 pm to ItFliesItDies
Not if it’s from in state. I think if you buy from another state, then there is tax.
Posted on 1/14/22 at 4:22 pm to cgrand
quote:
do a signed and notarized bill of sale, one for the boat and one for the trailer
My motor is titled separate from my boat so he might want to check on that. It is dumb, the state titled my boat correctly as a 2021 but put my motor as a 2020... It was manufactured in 2020 but going on a 2021 boat you think they would keep them all 2021.
Posted on 1/14/22 at 5:56 pm to armsdealer
In LA only the trailer is titled
No boat title and no engine title
No boat title and no engine title
Posted on 1/14/22 at 7:22 pm to cgrand
The mso will allow you to title the motor. If you want to. Though it’s not required in Louisiana.
Posted on 1/14/22 at 7:35 pm to cgrand
quote:
In LA only the trailer is titled
No boat title and no engine title
Not true. You can and should title them all. Especially new boats if you plan to trade in or sell
Posted on 1/14/22 at 8:18 pm to cgrand
quote:
In LA only the trailer is titled No boat title and no engine title
This is very wrong. I work for a dealership and since 2008 or so boats, motors, and trailers are all titled separately in the state of Louisiana
Posted on 1/15/22 at 7:22 am to weisertiger
so it’s optional?
I’ve never had a boat or engine title and I own 4 of each at the moment.
I have titles and tags on my trailers but just MSOs on the boats and nothing on the outboards and haven’t had any issue buying or selling
all the boats are registered
I’ve never had a boat or engine title and I own 4 of each at the moment.
I have titles and tags on my trailers but just MSOs on the boats and nothing on the outboards and haven’t had any issue buying or selling
all the boats are registered
Posted on 1/15/22 at 9:49 am to cgrand
Posted on 1/15/22 at 11:10 am to cgrand
quote:
do a signed and notarized bill of sale, one for the boat and one for the trailer
get the boat’s MSO
get the trailer title
exchange funds
register the boat
register and tag the trailer and pay sales taxes
hit the water
quote:
Have him write the bill of sale for the trailer for like $100. You only pay taxes on the trailer sale. Also apply for a lifetime license plate for the trailer, cost more upfront but you won't have to worry about keeping up with frequent registration fees.
This^^^
I would add, pay the few extra bucks and go to one of those Title/License Plate companies. Let them handle getting it registered, etc.
Posted on 1/15/22 at 12:30 pm to Twenty 49
quote:
You must title a boat or outboard motor (25 horsepower or more) that is financed or currently titled in another state when you’re registering it in Louisiana, a homemade boat, or a boat that has an incorrect hull identification number.
so, if not financed and/or not titled in another state, then no title needed
Posted on 1/15/22 at 6:26 pm to Major Dutch Schaefer
quote:
pay the few extra bucks and go to one of those Title/License Plate companies. Let them handle getting it registered, etc.
Would those places be able to get the trailer, boat, and outboard titled all in one visit? How much is the cost?
Posted on 1/16/22 at 5:17 am to John_V
Yes, I did everything on a used boat/motor/trailer at a private place.
Posted on 1/16/22 at 8:32 am to cgrand
quote:
so, if not financed and/or not titled in another state, then no title needed
I wouldn't even buy a boat that doesn't have a title. Ldwf don't mess around with titles. Zero work around.
Posted on 1/16/22 at 9:09 am to cgrand
Maybe a long time ago, I have 3 separate tittles. Boat, trailer, and outboard.
Posted on 1/16/22 at 9:38 am to jmkidder
You would think there'd be a guide out there for this. Why so complicated?
Posted on 1/16/22 at 10:11 am to bayouvette
This just isn’t true about the titles guys. The only requirement is a boat registration, trailer title and registration, and a MSO for the motor. I think the MSO for the motor is only there for titling the motor if you want to or selling it out of state, I don’t think it’s legally required by anything here. You may get titles for all three if you finance one, or buy one new at a dealership but I’d bet most people riding around only have a title for the trailer.
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