Bill of Sale

Definition

  • Written proof in the form of a receipt or document that serves as confirmation for the transfer of title to personal property.

Synonyms
check, receipt, bill, statement, contract, invoice

Acronyms
BS

Related Terms and Acronyms

  • Agreement of Sale (AOS) Acronym,
    • A document in which a property's buyer and seller approve the price and other terms of the transfer of title.
  • As is Where is Definition,
    • The buyer must examine the goods or property and buy at his or her own risk.
  • Bill of Sale Deed (BSD)Acronym,
    • Burden of Proof (BOP) Acronym,
      • The legal requirement to provide enough evidence to win a lawsuit. In civil cases, such as tax court, the burden is decided by the preponderance -- the most -- evidence. Except in cases of tax fraud, the burden of proof in a tax case generally is on the taxpayer.
    • Certificate of Occupancy (CO) Acronym, Important,
      • Authorization by a local government giving permission for someone to live in or use a building that has just been constructed or renovated.
      Zoning bylaw.
    • Certificate of Sale Definition,
      • An affidavit issued at a judicial or tax sale that entitles the buyer to the deed to the property purchased after court confirmation.
    • Certificate of Title Definition,
      • A written document stating that the title to a piece of property is legally vested in the present owner.
    • Contract Definition,
      • An agreement between two or more parties that can be enforced by law.
    • Contract For Deed (CFD) Acronym,
      • An agreement for sale of property in which the buyer takes possession while making payments, but the seller holds title until full payment is made. Also called a land contract.
    • Housing Discrimination Definition,
      • The illegal practice of discriminating against buyers or renters of dwellings on the basis of race, colour, religion, national origin, sex, family status or disability.
    • Legal Description (lgdc) Abbreviation,
      • A way of identifying a piece of property in writing that is acceptable to a court.
    • Legal Mortgage Definition, Important,
      • The written geographical description of a property as described in the land register.
    • Lis Pendens Definition,
      • A legal document giving notice that an action or proceeding is pending in the courts which affects the title to the designated property.
    • Title Definition,
      • Evidence of a person's right to possession ownership of a property.
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