United States Coast Guard Documented vessels must use form CG-1340 to complete a Bill of Sale in order to transfer ownership or to sell a percentage of the Documented Vessel, if they are not using the back page of the CG-1270 Certificate of Documentation.
If you intend on completing the transfer of vessel ownership, you may proceed to the online webform via the link below:
https://unitedstatesvessel.us/transfer-exchange/
The CG-1340 Bill of Sale MUST be notarized and MUST include every seller listed on the Certificate of Documentation
You may download a blank, fillable CG-1340 Bill of Sale via the link below:
https://unitedstatesvessel.us/CG-1340_Bill_of_Sale.pdf
Regulations regarding the propert execution of a Bill of Sale are from the Code of Federal Regulations, Title 46, Volume II:
Subpart P—Filing and Recording of Instruments—Bills of Sale and Related Instruments
§ 67.220 Requirements.
An instrument in the nature of a bill of sale or a deed of gift must:
(a) Meet all of the requirements of subpart O of this part;
(b) Be signed by or on behalf of all the seller(s) or donor(s); and
(c) Recite the following: (1) The name(s) and address(es) of the seller(s) or donor(s) and the interest in the vessel held by the seller(s) or donor(s); and (2) The name(s) and address(es) of the buyer(s) or donee(s) and the interest in the vessel held by each buyer or donee.
§ 67.89 Waiver of production of a bill of sale eligible for filing and recording.
(a) When the evidence of title passage required by this subpart is a bill of sale which meets the criteria for filing and recording set forth in subpart P of this part, and the applicant is unable to produce a bill of sale meeting those criteria, the applicant may request that the Director, National Vessel Documentation Center waive that requirement.
(b) No waiver of the requirement to produce a bill of sale eligible for filing and recording may be granted unless the applicant provides: (1) A written statement detailing the reasons why an instrument meeting the filing and recording criteria of this part cannot be obtained; and (2) Competent and persuasive evidence of the passage of title.
(1) An acknowledgment or notarization in any form which is in substantial compliance with the Uniform Acknowledgments Act, the Uniform Recognition of Acknowledgments Act, the Uniform Law on Notarial Acts, or the statutes of the State within which it is taken, made before a notary public or other official authorized by a law of a State or the United States to take acknowledgment of deeds;
(2) An acknowledgment or notarization before a notary or other official authorized to take acknowledgments of deeds by the law of a foreign nation which is a party to the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents, 1961, provided that the acknowledgment or notarization is accompanied by the certificate described in Article 4 of that Convention; or
(3) Any attestation which is substantially in the following form:
STATE:
COUNTY:
ON [DATE] THE PERSON(S) NAMED ABOVE ACKNOWLEDGED EXECUTION OF THE FOREGOING INSTRUMENT IN THEIR STATED CAPACITY(IES) FOR THE PURPOSE THEREIN CONTAINED.
NOTARY PUBLIC
MY COMMISSION EXPIRES: [DATE]