DNR Form B-241 "Trade-In Verification Statement (Dealer Sales Only)" - Maryland

What Is DNR Form B-241?

This is a legal form that was released by the Maryland Department of Natural Resources - a government authority operating within Maryland. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on November 1, 2012;
  • The latest edition provided by the Maryland Department of Natural Resources;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of DNR Form B-241 by clicking the link below or browse more documents and templates provided by the Maryland Department of Natural Resources.

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Download DNR Form B-241 "Trade-In Verification Statement (Dealer Sales Only)" - Maryland

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MARYLAND DEPARTMENT OF NATURAL RESOURCES
LICENSING & REGISTRATION SERVICE
TRADE-IN VERIFICATION STATEMENT
(Dealer Sales Only)
§8-716(a)(3)(i) of Maryland’s State Boat Act states that fair market value may be reduced by:
“the value of any vessel that is traded in as part of the consideration for the sale,
which trade-in value may not exceed the value for the trade-in vessel as shown
in a national publication of used vessel values adopted by the Department”
TRADED VESSEL
Manufacturer
Length
Year
VESSEL Hull Identification Number
ft.
in.
Vessel Number and
Model
Propulsion
Fuel
Vessel Name (documented only)
DATE of TRADE _________________
PRIOR OWNER
For vessels not registered in Maryland, attach ownership confirmation
(Certificate of Documentation or copy of title, registration or vessel record from registration state).
SELECT ONE VALUATION METHOD
Notarized closing statement (sign and date below – attach closing statement)
The BUC Book
N.A.D.A.
Survey
attach copy with valuation underlined
attach copy with valuation underlined
Edition:
Edition:
Market value $
Page #
Page #
80%
x 0.80
Avg Low/High $
Avg Retail $
Trade-in value $
Attach Trade-In Verification Statement to the Application for Certificates of Title and/or Registration
(DNR Form B-240). Copy of current dealer license required for out-of-state and foreign dealers.
Vessel Name
NEW VESSEL
Vessel Number
VESSEL Hull Identification Number
(documented only)
I declare and affirm under penalty of perjury that the statements made herein are true and correct to
the best of my knowledge, information and belief.
DEALER NAME
DEALER # _____________
SIGNATURE
DATE
DNR B-241 (Rev 11/12 Web)
MARYLAND DEPARTMENT OF NATURAL RESOURCES
LICENSING & REGISTRATION SERVICE
TRADE-IN VERIFICATION STATEMENT
(Dealer Sales Only)
§8-716(a)(3)(i) of Maryland’s State Boat Act states that fair market value may be reduced by:
“the value of any vessel that is traded in as part of the consideration for the sale,
which trade-in value may not exceed the value for the trade-in vessel as shown
in a national publication of used vessel values adopted by the Department”
TRADED VESSEL
Manufacturer
Length
Year
VESSEL Hull Identification Number
ft.
in.
Vessel Number and
Model
Propulsion
Fuel
Vessel Name (documented only)
DATE of TRADE _________________
PRIOR OWNER
For vessels not registered in Maryland, attach ownership confirmation
(Certificate of Documentation or copy of title, registration or vessel record from registration state).
SELECT ONE VALUATION METHOD
Notarized closing statement (sign and date below – attach closing statement)
The BUC Book
N.A.D.A.
Survey
attach copy with valuation underlined
attach copy with valuation underlined
Edition:
Edition:
Market value $
Page #
Page #
80%
x 0.80
Avg Low/High $
Avg Retail $
Trade-in value $
Attach Trade-In Verification Statement to the Application for Certificates of Title and/or Registration
(DNR Form B-240). Copy of current dealer license required for out-of-state and foreign dealers.
Vessel Name
NEW VESSEL
Vessel Number
VESSEL Hull Identification Number
(documented only)
I declare and affirm under penalty of perjury that the statements made herein are true and correct to
the best of my knowledge, information and belief.
DEALER NAME
DEALER # _____________
SIGNATURE
DATE
DNR B-241 (Rev 11/12 Web)