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Bill of Sale Form
The Bill of Sale can be used to transfer personal property alongside your real estate sale. It is meant to be a stand alone contract selling furniture, appliances, and tangible things; not just an extension of the “included personal property” section of the Purchase and Sale Agreement. Items marked as “included personal property” are treated as a part of the real estate sale and are mixed into the sale; if the sale falls apart, the included personal property has not been sold. The Bill of Sale is used to transfer things that are not covered by the lender, and if the sale falls apart, the items in the Bill of Sale do not necessarily return to the Seller.
Use the Form 2.4 Bill of Sale to transfer items the lender refuses to pay for, for example, furniture or furnishings. Make sure there is some amount of money exchanging hands to make it a valid contract with valid consideration.
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