The Real Estate Encyclopedia
When Is A Bill Of Sale Used?
Category - Home Selling Questions - Listing & Agreements FAQ's

A  Bill of Sale is a separate form or written agreement under which typically the seller, assigns or conveys personal property to the buyer.  A bill of sale is used in real estate transactions to cover personal items the buyer requests as part of the offer and the seller agrees to leave behind as part of the sale.  Such personal items then become part of the negotiation and are recorded on a separate document from the purchase agreement called the bill of sale. 

 
Category(s)
Home Selling Questions - Listing & Agreements FAQ's
Home Selling Questions - General Home Selling FAQ's
Home Buying Questions - General Home Buying FAQ's
[edit]
Home   |   About Us   |   Contact Us   |   Patrons   |   FAQ's   |   Site Map
© 2008 - All Rights Reserved.
Thank you for visiting Real Estate Wiki - the leading dictionary, directory, encyclopedia and glossary for the real estate and mortgage industries .