How to Fill Out a Puerto Rico Boat Bill of Sale
Follow this checklist to complete the form correctly in Puerto Rico.
How to fill out a Puerto Rico boat bill of sale
Total time: 5–10 minutes
You will need:
- Signed vehicle title
- Government-issued ID for both parties
- Hull Identification Number (HIN)
Enter seller and buyer names
Write the full legal names and current addresses of both the seller and buyer exactly as they appear on their government-issued IDs. Errors here can delay the Puerto Rico DMV title transfer.
Add vessel details
Record the boat's year, make, model, and hull type. Double-check the Hull Identification Number (HIN) from the hull plate.
Record the sale price and date
Write the agreed sale price in both numerals and words to prevent disputes. Enter the exact date the ownership changes hands — this date triggers the Puerto Rico title transfer deadline.
Both parties sign the bill of sale
Seller and buyer both sign and date the completed form. Each party keeps a signed original. Puerto Rico may require the signed bill of sale at the DMV to complete the title transfer.
Download and print a copy for each party
Print at least two copies — one for the buyer to submit to the DMV and one for the seller to keep as proof the vehicle was sold. Store your copy for at least three years.
Puerto Rico Boat transfer fees and requirements
In Puerto Rico, the title transfer fee is $50 and registration costs Varies by vehicle weight and type; administered through CESCO offices. Boat sales are subject to 11.5% IVU (Impuesto de Venta y Uso) on vehicle purchases — one of the highest rates among US jurisdictions; administered by the Departamento de Hacienda. Notarization is required for boat bill of sale documents in Puerto Rico. Emission testing is required in Puerto Rico — verify the boat passes before completing the sale.
- Notarial intervention required — PR notaries (notarios públicos) are licensed attorneys; a notario público abogado must authenticate vehicle transfer deeds, unlike mainland US notary publics
- Official bill of sale form: DTOP-DIS-260 (Acta de Traspaso de Vehículo de Motor), issued by the Departamento de Transportación y Obras Públicas (DTOP)
- Vehicle transfers are processed at CESCO (Centro de Servicios al Conductor) offices across the island
- Federal odometer disclosure (49 CFR Part 580) applies to all Puerto Rico vehicle sales, same as US states
- IVU sales tax of 11.5% applies to the sale price; exemptions may apply to certain commercial transactions
- Governing law: Ley de Vehículos y Tránsito de Puerto Rico (Law No. 22 of January 7, 2000, as amended)
- Official documents are bilingual (Spanish and English); the DTOP-DIS-260 form is issued in Spanish — confirm you understand all terms before signing
- USCG documentation applies to vessels in PR territorial waters under the same federal rules as US states
- Title transfer must be completed at a CESCO office; online transfer not available for private party sales
Official Puerto Rico bill of sale form
The official Puerto Rico bill of sale form is DTOP-DIS-260 (Acta de Traspaso de Vehículo de Motor (Motor Vehicle Transfer Deed)). BillOfSaleNow generates a document that meets all Puerto Rico requirements and can be used in place of the official form.
Boat market data and safety information
The most common boat makes in private-party sales are Bayliner, Sea Ray, Boston Whaler, Tracker, Yamaha. Average private-party boat prices range from $5,000–$75,000. Boats average 1.8 NHTSA recalls per model across categories including Fuel System, Electrical, Steering.
Safety checkpoints for buying a used boat
Before completing a boat bill of sale in Puerto Rico, verify these safety items:
- Verify Hull Identification Number (HIN) matches registration documents
- Check for delamination, blistering, or water intrusion in fiberglass hulls
- Inspect transom for softness or rot — the most expensive structural repair
- Test all bilge pumps, navigation lights, and required safety equipment
Boat insurance and depreciation in Puerto Rico
Boat insurance averages $200–$500/year for boats under 26 ft. Agreed-value policies are preferred over actual-cash-value. Boats depreciate 30–40% in the first 5 years. Aluminum fishing boats hold value better than fiberglass sport boats. Peak season for private boat sales is early spring (march–may) ahead of boating season, with an average of 45 days on market.
Boat registration and titling
Boats are classified as "Watercraft (state-registered) or USCG-documented vessel" for registration purposes. Boats are measured by length, not weight, for registration. Trailers have separate weight-based registration. Federal odometer disclosure does not apply to boats.
Odometer disclosure for boat sales
Boats are exempt from federal odometer disclosure requirements. There is no mileage or engine-hour disclosure mandate, though documenting engine hours on the bill of sale is considered best practice.
- Applicable law: 46 CFR Part 67 — USCG Documentation of Vessels
Required disclosures for boat sales in Puerto Rico
When selling a boat in Puerto Rico, the following disclosures apply:
- USCG documentation status — vessels over 5 net tons may be federally documented instead of state-titled.
- Hull condition and any history of submersion, grounding, or hurricane damage should be disclosed.
- Trailer inclusion — if the boat is sold with a trailer, the trailer requires its own title transfer in most states.
Puerto Rico bill of sale statistics
BillOfSaleNow has generated 1,148 bill of sale documents for Puerto Rico transactions, with 31 generated this month alone. The most popular vehicle type is car.
Generate your document
If you prefer to generate a completed Puerto Rico boat bill of sale automatically, you can create one here.
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)
Informational purposes only. This content is provided for informational purposes only and is not legal advice. Laws vary by state and individual circumstances differ. Consult a licensed attorney for jurisdiction-specific guidance on vehicle transfers, title requirements, or related legal matters.