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. 

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