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| Bill of SaleA document that serves as written proof for the transfer of title. Real estate is transferred by a deed. Personal property is transferred by a Bill of Sale. Mortgage companies will not make loans on personal property, and a Bill of Sale may be included with a real estate contract to outline what personal property is being transferred to the new owner. See also:Back-Up ContractBalloonBankruptcyBill of SaleBinderBridge LoanBrokerBuyerBuyer`s Agent
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