People need bill of sales to help them ensure that they are now the legal owner of any property that they have purchased. The main reason as to why a buyer would like a bill of sale to be issued is because it guarantees that the title of ownership is transferred to the buyer’s name.
This is the reason why sellers writing bill of sales have to be very accurate in regards to the information they are placing in. Otherwise, if there are any omissions, then the buyer would not be willing to accept it and the seller must then provide another bill of sale to ensure that all details regarding the sale has been properly placed in.
Real Estate Property Form
Printable Real Estate Bill of Sale
Free Real Estate Bill of Sale
Real Estate Bill of Sale Example
What Is a Real Estate Bill of Sale?
A real estate bill of sale is what real estate agencies or any sellers of real estate properties issue to buyers in regards to any land or buildings being purchased. While there are multiple reasons as to why one would buy any real estate property, the bill of sale ensures that the buyer may legally use the property in any way that he or she wishes.
This protects the seller considering that once the bill of sale is issued, the buyer has acquired all responsibility regarding the usage of the property. If you would lie to create real estate bill of sales, then you may decide to use Bill of Sale Forms in Word to help you.
How to Write a Real Estate Bill of Sale
If a seller of any real estate property wishes to use a Blank Bill of Sale Form and fill it up with information regarding the property’s transaction, then the following must be provided in the bill of sale:
- Month, date, and year of when the bill of sale is issued
- Complete name of the buyer and seller
- The amount of payment made by the buyer
- Amount that has yet to be paid
- Percentage of interest rate
- Case number
- Complete legal description of the home
- Details on any appliances that came with home upon purchase
- Location of the property being bought
- Signatures of both parties
Contract Bill of Sale
Commercial Bill of Sale
Simple Real Estate Form
Bill of Sale for Personal Property
Real Estate Bill of Sale Guidelines
When using any General Bill of Sale Forms to issue one for real estate property or properties, then the following guidelines should be followed:
- As with other bill of sale forms, be sure that the names of both the buyer and the seller are properly placed into the forms.
- When providing descriptions of the real estate property, make sure it is in its full legal description. So provide information such as the dimensions of the area of the property and its location
- Should there be appliances or other materials be included upon the purchase, always be thorough in listing down what these appliances are that the buyer receives upon purchase.
- Provide a statement regarding the amount that the buyer must commit to paying at the end of any period both of you have agreed upon.
- Be sure that the signatures of both you and the buyer are signed on the form to ensure officialism.
The guidelines above can even be used to create other bill of sales such as Mobile Home Bill of Sale wherein you must issue one in regards to the transaction of any vehicular home.
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