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Chesapeake, Virginia Yacht Bill of Sale

Use this bill of sale when selling a yacht in Chesapeake, Virginia. It documents the transfer and helps you complete DMV title paperwork.

Chesapeake, VirginiaYachtPopulation rank #87

What to include

  • Buyer and seller names and addresses
  • Yacht VIN and vehicle details
  • Sale price and date
  • Signatures from both parties

Next step

Create a compliant bill of sale and download the signed PDF immediately.

Local Requirements — Chesapeake (Independent City)

DMV / Title Office

VA DMV – Chesapeake Office

Address

716 Eden Way N, Chesapeake, VA 23320

Phone

(804) 497-7100

Office Hours

Mon–Fri 8:00 AM–5:00 PM; Sat 8:00 AM–12:00 PM

Transfer Fees & Taxes

Title Transfer Fee

$15.00

Sales Tax Rate

4.15%

Base Registration Fee

$40.75

Virginia 4.15% motor vehicle SUT statewide

Notarization: NOT REQUIRED

Virginia does not require notarization.

Chesapeake Transfer Checklist

  • Title transfer at VA DMV within 30 days
  • 4.15% motor vehicle SUT
  • Safety inspection required
  • Seller must sign title assignment

County Information — Chesapeake (Independent City)

County Clerk / Recorder

Chesapeake Circuit Court Clerk

Phone

(757) 382-3000

Yacht market data and safety information

The most common yacht makes in private-party sales are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking. Average private-party yacht prices range from $50,000–$500,000+. Yachts average 1 NHTSA recalls per model across categories including Fuel System, Electrical, Engine.

Safety checkpoints for buying a used yacht

Before completing a yacht bill of sale in Virginia, verify these safety items:

  • Require a professional marine survey before purchase — standard practice for vessels over 26 ft
  • Inspect engine hours, service records, and oil analysis reports
  • Check hull condition with moisture meter and visual inspection below waterline
  • Verify USCG documentation or state registration status

Yacht insurance and depreciation in Virginia

Yacht insurance is 1–2% of hull value annually. Agreed-value policies are standard. Navigation limits and crew requirements affect premiums. Yachts depreciate 10–15% per year for the first 5 years. Well-maintained vessels from premium builders hold value best. Peak season for private yacht sales is fall/winter boat shows drive buyer interest for spring delivery, with an average of 90 days on market.

Yacht registration and titling

Yachts are classified as "USCG-documented vessel (over 5 net tons) or state-registered vessel" for registration purposes. Yachts are classified by length overall (LOA), not weight. Vessels over 65 ft may require a licensed captain. Federal odometer disclosure does not apply to yachts.

Yacht sales in Chesapeake, Virginia

Chesapeake residents completing a yacht bill of sale should be aware of local requirements in addition to Virginia state rules. The state sales tax rate is 4.15%, 4.15% motor vehicle sut statewide. The most popular yacht makes in Virginia include Sea Ray, Beneteau, Boston Whaler.

Virginia bill of sale statistics

BillOfSaleNow has generated 2,073 bill of sale documents for Virginia transactions, with 56 generated this month alone. The most popular vehicle type is car.

Why Documentation Helps Protect Asking Price

45% faster sale

Vehicles whose listings include a history report spend ~45% less time on site before selling, and report-viewers are 5x more likely to become a lead.

Source: Experian / AutoCheck

$4,000 avg loss

NHTSA estimates 450,000+ vehicles per year are sold with rolled-back odometers — the average victim loses about $4,000 in downstream repair costs.

Source: NHTSA

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

1 in 3 buyers

Roughly 1 in 3 used-car buyers say they suspect private sellers are hiding mechanical problems — documentation closes that trust gap.

Source: JW Surety Bonds (n=3,000)

Frequently asked questions

What county is Chesapeake in, and which office handles title transfers?

Chesapeake is in Chesapeake (Independent City). Title transfers are handled by the VA DMV – Chesapeake Office at 716 Eden Way N, Chesapeake, VA 23320. Hours: Mon–Fri 8:00 AM–5:00 PM; Sat 8:00 AM–12:00 PM. Phone: (804) 497-7100.

What is the sales tax rate on a yacht sale in Chesapeake?

The combined rate is 4.15%. Virginia 4.15% motor vehicle SUT statewide.

Is notarization required for a yacht bill of sale in Chesapeake?

No. Virginia does not require notarization.

What fees should I expect when transferring a yacht title in Chesapeake?

Title transfer fee: $15.00. Base registration fee: $40.75. Sales tax at 4.15% is collected at the time of title transfer.