NH is pretty lax on this, however other states are not. I had a buyer last year walk away on a deal because I did not have the certificate of origin for the PWC, even though in NH it is a useless piece of paper. A proper bill of sale is all that is needed, you dont even need the registration if it is not currently registered. Make sure it has complete buyer and seller name and address, price, model, color, HIN#, date and both signatures are on it. The trailer is similar, except you would need info from the tag on it such as the gvw and the vin# instead of hin#.
Many other states require titling of both in which case the certificate of origin would be needed in order to do a title app.
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