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Browse: Home / WORK / Real Estate

What exactly does a real estate “Bill of Sale” mean?

axiomflash: What exactly does a real estate “Bill of Sale” mean?
I am negotiating the purchase of a home with the current owner. It is for-sale-by-owner. He would like me to sign a conditional Bill of Sale about the purchase price and date, but I don’t feel prepared to do this. I am not exactly sure what the Bill of Sale means, and am concerned it will be a legally binding agreement without any recourse for myself.

This is in Washington State, US. Thanks for your help.

Answers and Views:

Answer by golferwhoworks
purchase agreement that you can add what you want in the sale –such as appliances as well as closing cost and a proper building inspection etc

Answer by Susan H
A bill of sale is a separate document from the purchase agreeement. It states what personal property the seller will convey to the buyer along with the sale of the real property that is on the purhase agreement.

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