Bill of Sale
Create a legally compliant Bill of Sale for chiropractic equipment or practice sales in Tennessee. Protect against liability and ensure TN CPA compliance.
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Transferring specialized chiropractic equipment like adjustment tables or X-ray machines requires more than a generic receipt. In Tennessee, a properly structured Bill of Sale ensures compliance with... Read more
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Customize your Bill of Sale
13 fields · Takes about 2 minutes
Legal Document
Seller
[seller_name]
Buyer
[buyer_name]
The Seller hereby sells, transfers, assigns, and conveys to the Buyer, and the Buyer hereby purchases and accepts from the Seller, the following described personal property (the "Property"): [item_description]. The Buyer acknowledges that the Buyer has had a full and adequate opportunity to inspect the Property prior to the execution of this Agreement and accepts the Property in its current condition as described herein.
The total purchase price for the Property is [sale_price] (the "Purchase Price"), payable in full by the Buyer to the Seller on or before the Sale Date. The Buyer and Seller acknowledge and agree that the Purchase Price represents the fair and agreed-upon value of the Property as negotiated between the Parties at arm's length. Upon receipt of the Purchase Price in full, the Seller shall be deemed to have been fully compensated for the sale, transfer, and conveyance of the Property, and the Seller shall have no further right, title, or interest in or to the Property or the Purchase Price.
The Seller hereby represents and warrants to the Buyer that: (a) the Seller is the sole and lawful owner of the Property and has full right, power, and authority to sell, transfer, and convey the Property to the Buyer; (b) the Property is free and clear of all liens, encumbrances, security interests, pledges, claims, charges, and restrictions of any kind whatsoever; (c) the Seller has not previously sold, transferred, assigned, pledged, or otherwise encumbered the Property or any interest therein to any other person or entity; and (d) the Seller will defend the Buyer's title to the Property against any and all claims and demands of any person or entity claiming an interest therein.
Upon execution of this Agreement and receipt of the Purchase Price in full, the Seller hereby irrevocably transfers, assigns, and conveys to the Buyer all of the Seller's right, title, and interest in and to the Property, free and clear of all liens, encumbrances, and claims of any kind. Title to and risk of loss of the Property shall pass from the Seller to the Buyer upon the execution of this Agreement and payment of the Purchase Price. From and after the transfer of title, the Buyer shall be solely responsible for the Property, including its care, maintenance, insurance, and all risks of loss, damage, theft, or destruction. The Seller agrees to execute and deliver to the Buyer any and all additional documents, instruments, or certificates as may be reasonably necessary or appropriate to evidence or effectuate the transfer of title to the Property.
5.1 Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the state in which the transaction is consummated, without regard to its conflict of laws principles. 5.2 Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, between the Parties relating to the sale and purchase of the Property. 5.3 Severability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and the remaining provisions shall continue in full force and effect. 5.4 Amendment. This Agreement may not be amended, modified, or supplemented except by a written instrument signed by both Parties. 5.5 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 5.6 Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their respective heirs, executors, administrators, legal representatives, successors, and assigns.
The Buyer acknowledges that this sale is a private transaction and that the Seller makes no representations beyond those expressly stated herein. The Buyer has had the opportunity to inspect the chiropractic equipment and agrees that this transaction is subject to the Tennessee Consumer Protection Act (Tenn. Code Ann. § 47-18-101 et seq.), and any claims of deceptive trade practices are waived to the fullest extent permitted by law upon the Buyer's physical acceptance of the goods.
The Buyer assumes all risks associated with the clinical application of the equipment, including but not limited to patient injury claims or malpractice liability arising from adjustments or spinal treatments administered after the date of transfer. Buyer shall indemnify and hold Seller harmless from any disputes over treatment plans or informed consent gaps involving the items listed in this Bill of Sale.
If this sale includes the transfer of a chiropractic practice, both parties agree to comply with HIPAA (Health Information Portability and Accountability Act) and the Tennessee Board of Chiropractic Examiners’ rules regarding patient record retention. The Buyer confirms they are a licensed Doctor of Chiropractic (D.C.) or a legally authorized entity under Tennessee law competent to take possession of clinical assets.
IN WITNESS WHEREOF, the Parties have executed this Bill of Sale as of the date first written above, each acknowledging receipt of a copy of this Agreement.
Seller
Name: Seller
Date: ___________________
Buyer
Name: Buyer
Date: ___________________
Transferring specialized chiropractic equipment like adjustment tables or X-ray machines requires more than a generic receipt. In Tennessee, a properly structured Bill of Sale ensures compliance with the Tennessee Consumer Protection Act and the Statute of Frauds (Tenn. Code Ann. § 29-2-101). Whether you are selling a spinal decompression table or an entire practice, you need documented proof of transfer that handles liabilities and patient record protocols to protect your D.C. license and financial interests.
Beyond the standard bill of sale sections, this template adds fields specific to Chiropractor:
A Bill of Sale serves the core legal purpose of providing proof of the transfer of ownership of an item from the seller to the buyer. It formalizes the transaction and fulfills the legal need for documentation of the sale, aiding in preventing disputes over ownership and clarifying the terms and conditions agreed upon by the parties involved.
Patient injury claims
Use detailed informed consent forms and patient waivers clarifying the treatment risks and procedures involved.
Malpractice liability
Secure comprehensive malpractice insurance and ensure it is up to date; maintain detailed patient records and treatment logs.
Informed consent gaps
Use standardized forms and thorough documentation to ensure that patients understand and consent to the treatment being provided.
Insurance billing disputes
Clearly outline insurance acceptance and reimbursement processes in patient intake forms and develop comprehensive billing agreements.
For this bill of sale to be legally valid:
Common mistakes to avoid:
Chiropractic Practice Acts
Each state in the U.S. has its own Chiropractic Practice Act that regulates the practice of chiropractic within that state. These acts define the scope of practice, necessary qualifications for licensure, and board powers.
Enforced by State Chiropractic Boards
Health Information Portability and Accountability Act (HIPAA)
Regulates the privacy and security of patient health information, which chiropractors must comply with when handling patient records.
Enforced by U.S. Department of Health and Human Services (HHS) Office for Civil Rights
Occupational Safety and Health Administration (OSHA) Regulations
Requires chiropractors to comply with safety standards related to employee safety and hazard communication, especially in clinical settings.
Enforced by Occupational Safety and Health Administration (OSHA)
Recommended coverage: Malpractice Insurance · General Liability Insurance · Workers' Compensation Insurance · Property Insurance
While Tennessee law does not mandate notarization for all personal property sales, it is highly recommended for high-value clinic assets or practice transfers to ensure enforceability and authenticity under Tenn. Code Ann. § 29-2-101.
A Bill of Sale for a practice should specifically address the transfer of records in compliance with HIPAA and Tennessee Board of Chiropractic Examiners regulations, ensuring continuity of care and proper data security.
Yes, 'As-Is' clauses are generally enforceable, but they must be clearly stated to mitigate risks under the Tennessee Consumer Protection Act, especially regarding the operational safety of spinal adjustment tools.
State laws affect what must be in this document. Pick your jurisdiction.
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