Bill of Sale
Professional Bill of Sale for WA commercial real estate. Compliant with RCW 19.36.010 and UCC, protecting brokers from commission and liability disputes.
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As a Washington commercial real estate broker, navigating the transfer of fixtures, equipment, and personal property (FF&E) requires more than a handshake. To satisfy Washington's Statute of Frauds... Read more
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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.
[commercial asset description]
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: 2026-04-19
Buyer
Name: Buyer
Date: 2026-04-19
As a Washington commercial real estate broker, navigating the transfer of fixtures, equipment, and personal property (FF&E) requires more than a handshake. To satisfy Washington's Statute of Frauds (RCW 19.36.010) and the Uniform Commercial Code (UCC), you need a detailed Bill of Sale that mitigates misrepresentation claims and commission disputes. Whether you are managing CAM charges or tenant improvement allowances, this document provides the necessary legal proof of ownership transfer, effectively shielding you from common industry liabilities such as lease liability issues and RESPA transparency requirements.
Beyond the standard bill of sale sections, this template adds fields specific to Commercial Real Estate Broker:
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.
Misrepresentation claims
Detailed disclaimers in contracts stating that all representations are believed to be accurate but should be independently verified by clients.
Commission disputes
Under RCW 19.36.010, Washington law requires certain agreements, especially those concerning interests in real estate or transactions exceeding specific values, to be in writing. This Bill of Sale ensures your personal property transfers are enforceable by providing the required written documentation that identifies both parties, the purchase price, and a detailed description of the assets.
By clearly documenting the transfer of trade fixtures and inventory as part of a larger commercial package, you reduce the risk of ambiguous trigger points for payment. Including precise language regarding the 'as-is' condition and the finality of the sale helps prevent post-closing litigation that could lead to held commissions or misrepresentation claims.
Yes, because Washington follows Community Property Laws (RCW 26.16), identifying the legal ownership of assets used in commercial operations is critical. This Bill of Sale includes seller representations acknowledging they have the full legal right to transfer the property, which is essential if the assets are owned by a married individual or a closely-held entity.
While not always required for smaller items, Washington law and industry best practices for high-value commercial transactions recommend notarization to add a layer of authenticity. This prevents disputes over the validity of signatures and is often a requirement for UCC filing or when specific lien laws (RCW 60.04) are involved.
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For this bill of sale to be legally valid:
Common mistakes to avoid:
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