Bill of Sale

A bill of sale is a written instrument used to transfer ownership of personal property from one party to another.

• Transfers personal property, not real property
• Identifies buyer and seller
• Describes the items being transferred
• States consideration (price)
• May include warranties or be “as-is”

• Sale of furniture, appliances, or equipment
• Transfer of personal property with a real estate transaction
• Vehicles, tools, or business assets

• Bill of Sale
  • Transfers personal property
  • Used for movable items

• Deed
  • Transfers real property
  • Used for land and permanent improvements

• Personal property listed in a bill of sale is excluded from the deed
• Fixtures must be specifically excluded if the seller intends to remove them

• Real property transfers use a deed
• Personal property transfers use a bill of sale