Free Bill of Sale Template for Microsoft Word

FOR AND IN CONSIDERATION OF the sum of $[Insert Amount], inclusive with all sales tax, paid by [Insert Payment Method], the receipt of which is hereby acknowledged, [Insert Seller Name] (the “Seller”) of [Insert Seller Address], DOES HEREBY SELL, ASSIGN, AND TRANSFER to [Insert Name], (the “Buyer”) of [Insert Buyer Address], the following described property (the “Property”):

[Insert description of property being sold]

The Property is being sold on an “AS IS” basis and the Seller explicitly disclaims all warranties, whether expressed or implied, including but not limited to, any warranty as to the condition of the Property. However, the Seller’s above warranty disclaimer does not, in any way, affect the terms of any applicable warranties from the manufacturer of the Property.

The Buyer has been given the opportunity to inspect the Property, or alternatively, have the Property inspected. Additionally, the Buyer has accepted the Property in its existing condition.

Seller represents and warrants that Seller is the lawful owner of all Property, transferred hereunder, free and clear of all mortgages, liens or encumbrances of any nature whatsoever, and Seller shall indemnify, defend and hold Buyer harmless against such claims and demands.

In the event any dispute between the parties hereto should result in litigation or arbitration, the prevailing party shall be reimbursed for all reasonable costs in connection therewith, including, but not limited to, reasonable attorney’s fees and defense costs. In no event shall either party be liable for incidental, consequential, indirect or special damages of any kind, including but not limited to loss of profit.

The terms of this Bill of Sale shall bind and inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns.

The parties hereby agree to execute such other documents and perform such other acts as may be necessary or desirable to carry out the purposes of this Bill of Sale.

This Bill of Sale shall be signed by the Buyer’s Representative and by the Seller’s Representative, and shall be effective as of [Insert Date].

IN WITNESS WHEREOF, the parties have executed this Bill of Sale on [Insert Date].

By: ___________________________________ Date Signed: __________________
[Insert Seller Name]

By: ___________________________________ Date Signed: __________________
[Insert Buyer Name]