Realtor Dale Warfel

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Thursday, March 20, 2008

Bill of sale

A bill of sale is a document which legalizes the purchase of any property. It is prepared by the seller and contains rows indicating the name of the buyer, date of purchase, location where the settlement is being made and sometimes the time of purchase too, all signed by the seller. This bill is then produced to the buyer after which the buyer makes the promised payment.

Whenever a
house changes hands between two different parties, the seller must provide the bill of sale to the buyer, after which the buyer becomes the lawful owner of the property. Any deal is complete only after the bill of sale is produced. The bill of sale can be any one of the two different types- the absolute bill of sale and the conditional bill of sale. The absolute bill of sale is merely an assuring contract whereas the conditional bill of sale, which finalizes security and payment of money, is the more important bill of the two.

There is a particular format for writing the bill of sale, which must be followed by the seller while preparing it. For all kinds of help related to real estates, contact Dale Warfel, a famous real estate agent from California, who specializes with homes for sale in Campbell, homes for sale in Coyote, homes for sale in Almaden Valley, homes for sale in Los Gatos, homes for sale in Morgan hill, homes for sale in Monte Sereno, Rose Garden homes for sale, Midtown homes for sale etc. Dale locates
Willow Glen homes for sale in such a way that they are close to Hospitals in Willow Glen and schools in Willow Glen.

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