BillOfSaleNow

As-is sale — Virginia

Virginia Yacht bill of sale for as-is sale

Complete your Virginia yacht bill of sale for a as-is sale transaction. Enter buyer and seller details, vehicle information, and generate a signed PDF in minutes.

VirginiaYachtAs-is sale
BN
Reviewed against state DMV requirementsLast reviewed: March 20266 min readEditorial policy

What to know about as-is sale sales in Virginia

Include explicit "as-is" language in the bill of sale. Under UCC § 2-316(3)(a), writing "as-is" or "with all faults" in the contract effectively disclaims all implied warranties, including the implied warranty of merchantability under UCC § 2-314. Still disclose known material defects — concealing known defects can constitute fraud even in an as-is sale.

What to include in your bill of sale

  • Full legal names and addresses for both buyer and seller.
  • Yacht make, model, year, VIN, and current mileage.
  • Agreed sale price, payment method, and transaction date.
  • Any as-is sale-specific disclosures required in Virginia.

Seller guidance

Include explicit "as-is" language in the bill of sale. Under UCC § 2-316(3)(a), writing "as-is" or "with all faults" in the contract effectively disclaims all implied warranties, including the implied warranty of merchantability under UCC § 2-314. Still disclose known material defects — concealing known defects can constitute fraud even in an as-is sale.

Buyer guidance

An as-is sale gives you no recourse for undisclosed defects after closing. Order a pre-purchase inspection from a licensed mechanic before agreeing to price. Review any known issue list the seller provides and get it in writing.

Virginia-Specific Note

Virginia allows private party as-is sales. The Virginia Consumer Protection Act (VA Code § 59.1-196) prohibits misrepresentation regardless of as-is language. Virginia does not require a state safety inspection before a private sale, but the buyer must pass inspection within 30 days of registration. Include explicit as-is language and disclose known defects.

Legal considerations

Virginia allows private party as-is sales. The Virginia Consumer Protection Act (VA Code § 59.1-196) prohibits misrepresentation regardless of as-is language. Virginia does not require a state safety inspection before a private sale, but the buyer must pass inspection within 30 days of registration. Include explicit as-is language and disclose known defects.

Virginia Legal Requirements

As-is clauses are generally enforceable in private party vehicle sales under UCC § 2-316. However, most states carve out an exception for fraud: a seller who actively conceals or misrepresents a known defect cannot rely on the as-is language as a shield. Best practice is to provide a written disclosure of all known defects alongside the as-is bill of sale.

Virginia Yacht transfer fees and requirements

In Virginia, the title transfer fee is $15 and registration costs $30.75 - $35.75 per year. Yacht sales are subject to 4.15% motor vehicle sales and use tax (SUT). Virginia does not require notarization for private-party yacht transfers. Emission testing is required in Virginia — verify the yacht passes before completing the sale.

  • 4.15% SUT applies to all vehicle sales
  • Annual safety inspection required
  • Emissions testing required in Northern Virginia, Richmond, and Hampton Roads
  • Title transfer within 30 days of purchase

Virginia sales tax on yacht purchases

Virginia has a 4.15% state sales tax rate. 4.15% motor vehicle SUT statewide. Private-party yacht sales in Virginia are subject to sales tax. Motor vehicle sales and use tax applies to all sales. The title transfer fee is $15.

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.

Virginia requirements for as-is sale yacht sales

For yacht as-is sale transactions in Virginia, the buyer must pay 4.15% motor vehicle sales and use tax (SUT) and a $15 title transfer fee. Notarization is not required. Odometer disclosure is required.

  • 4.15% SUT applies to all vehicle sales
  • Annual safety inspection required
  • Emissions testing required in Northern Virginia, Richmond, and Hampton Roads
  • Title transfer within 30 days of purchase

Safety tips for as-is sale yacht transactions

When completing a as-is sale yacht sale in Virginia, always verify the vehicle against NHTSA recall databases. The most common yacht recall categories are Fuel System, Electrical, Engine. Check recalls at NHTSA.gov/recalls before signing the bill of sale.

Checklist for as-is sale yacht sale in Virginia

  1. Include "sold as-is, with all faults" language conspicuously in the bill of sale
  2. Attach a written list of known defects signed by the seller
  3. Complete a pre-purchase inspection before finalizing price
  4. Confirm odometer reading is accurate and document it
  5. Buyer signs acknowledgment of as-is condition
  6. Include explicit as-is language conspicuously in the bill of sale
  7. Disclose all known material defects in writing
  8. Buyer must obtain VA state inspection within 30 days of registration

Need the printable workflow?

Use the main Virginia yacht bill of sale flow when you are ready to generate the completed document.

Open Virginia Yacht bill of sale

The Private Vehicle Sale Market

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

Frequently asked questions

When should I use the as-is sale page?

Use this page when your yacht sale in Virginia fits a as-is sale scenario. It walks you through the specific disclosures and details that apply to this type of transaction.

Why does the as-is sale scenario have its own page?

Different sale scenarios — such as private party, dealer, or gifted transfers — have different documentation requirements. This page focuses on what buyers and sellers need for a as-is sale transaction specifically.

What should be included in this bill of sale?

Include the buyer and seller details, vehicle identifiers, sale price, date, signatures, and any notes specific to the as-is sale transaction.

What are the Virginia fees for a as-is sale yacht transfer?

Virginia charges a $15 title transfer fee. Registration costs $30.75 - $35.75 per year. Sales tax: 4.15% motor vehicle sales and use tax (SUT). Notarization is not required for most transfers.

What yacht makes are most commonly sold in Virginia?

The most popular yacht makes in private-party sales are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking. Average private-party prices range from $50,000–$500,000+.

Do I pay sales tax on a as-is sale yacht sale in Virginia?

Virginia has a 4.15% state sales tax rate. Motor vehicle sales and use tax applies to all sales

Create Virginia Yacht Bill of Sale

Free • 3 min • Printable PDF