Bill of Sale

Bill of Sale

A Bill of Sale is a legal document that formally records the transfer of ownership of property from one party to another. While it may resemble a receipt, it holds significantly greater legal weight.

In Florida, a Bill of Sale is commonly used in the following situations:

• When a property is sold furnished or turnkey
• When fixtures or permanent items are included in the sale
• For the sale of mobile homes that are not classified as real property, particularly when the home is located on leased land

In the case of mobile homes on leased land, they are treated as personal property (similar to vehicles), and the Bill of Sale is accompanied by a Certificate of Title.

Why a Bill of Sale Is Important

This document protects both the buyer and the seller by:

• Serving as legal proof of the transfer of ownership
• Releasing the seller from future liability associated with the property
• Establishing ownership for the buyer in case of any future disputes

For added legal security, it is highly recommended that the Bill of Sale be notarized at the time of signing.