Bill of Sale
Create a Michigan-compliant Bill of Sale for general contractors. Protect assets, ensure MCL 566.132 compliance, and manage liability in the Great Lakes State.
Fill the form
Customized fields for your role
Preview live
See your document update in real time
Download PDF
Free watermarked or $9 clean copy
As a Michigan general contractor, transferring high-value assets like forklifts, generators, or fleet vehicles requires more than a handshake. To protect against lien disputes and ensure compliance... Read more
Customize your Bill of Sale
12 fields · Takes about 2 minutes
Accept terms in the form to enable downloads
Customize your Bill of Sale
12 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.
[condition 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: ___________________
Buyer
Name: Buyer
Date: ___________________
As a Michigan general contractor, transferring high-value assets like forklifts, generators, or fleet vehicles requires more than a handshake. To protect against lien disputes and ensure compliance with Michigan’s Statute of Frauds (MCL 566.132), a robust Bill of Sale is essential. Whether you are offloading a punch list's worth of surplus materials or heavy machinery, our document captures the legal transfer of ownership while providing the 'As-Is' disclaimers necessary to mitigate future defect or warranty claims under the Michigan Consumer Protection Act. This keeps your business bonding-certified and your project timelines secure.
Beyond the standard bill of sale sections, this template adds fields specific to General Contractor:
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.
Workplace Injuries
Contracts typically include indemnity clauses and requirements for subcontractors to carry worker's compensation insurance.
Project Delays
Contracts may have penalty clauses (liquidated damages) for delays, as well as force majeure clauses for uncontrollable events.
Lien Disputes
Proper documentation process including lien waivers and affidavits to prevent sub/trades from placing liens on the property.
Building Code Violations
Contracts often specify adherence to all applicable codes and standards, and include terms for inspection and correction of violations.
For this bill of sale to be legally valid:
Common mistakes to avoid:
OSHA Regulations
Govern workplace health and safety standards applicable to construction sites, ensuring safe working conditions for all employees.
Enforced by Occupational Safety and Health Administration (OSHA)
EPA Regulations
Environmental regulations impact waste disposal, pollution control, and environmental protection practices on construction sites.
Enforced by Environmental Protection Agency (EPA)
Building Codes
State and local building codes regulate construction standards, ensuring safety, structural integrity, and accessibility of buildings.
Enforced by State and Local Building Departments
Fair Labor Standards Act (FLSA)
Regulates minimum wage, overtime pay, and child labor standards applicable to construction workers.
Enforced by U.S. Department of Labor (DOL)
Davis-Bacon Act
Requires payment of local prevailing wages on public works projects for contractors and subcontractors.
Enforced by U.S. Department of Labor (DOL)
Recommended coverage: General Liability Insurance · Workers' Compensation Insurance · Professional Liability Insurance (Errors & Omissions) · Builder's Risk Insurance · Commercial Auto Insurance
MCL 566.132 requires that certain contracts, particularly those for the sale of goods over a specific value or items that cannot be performed within one year, must be in writing. A formal Bill of Sale ensures your transaction is enforceable in Michigan courts, preventing the 'he-said-she-said' disputes that often delay project schedules.
While a Bill of Sale handles the transfer of specific tangible property, it serves as critical evidence that equipment or materials were fully paid for and ownership transferred. This documentation is vital during an audit or lien dispute to prove that sub-trades or suppliers have no remaining claim to the liquidated assets.
Yes. To protect yourself from liabilities under the Michigan Consumer Protection Act, specifically involving 'failure to disclose' or warranties of merchantability, your Bill of Sale should clearly state the item is sold in its current condition. This shifts the risk to the buyer once the signatures are finalized.
State laws affect what must be in this document. Pick your jurisdiction.
Bill of Sale
Create a compliant Indiana Bill of Sale for courier vehicles and assets. includes DOT, FMCSA, and Indiana Home Improvement Contract Act compliance terms.
Bill of Sale
Create a legally binding Illinois Bill of Sale for courier vehicles and assets. Compliant with 740 ILCS 80/1, FMCSR standards, and BIPA data privacy laws.
Bill of Sale
Create a compliant Bill of Sale for Mental Health Counselors in Maryland. Protect your practice assets, therapy equipment, and client materials while meeting HIPAA, MD. 2
Bill of Sale
Secure the transfer of gym equipment with a Tennessee-compliant Bill of Sale. Protect your box from liability and ensure compliance with TN Consumer Protection.
Power of Attorney
Create a Florida-compliant Power of Attorney for GCs. Manage permits, lien waivers, and bonding actions. Legal under Fla. Stat. Chapter 709 and construction standards.
Bill of Sale
Create a legally compliant Bill of Sale for TN general contractors. Secure asset transfers under Tenn. Code Ann. § 29-2-101 and the Home Improvement Act.
Bill of Sale
Create a legally compliant Bill of Sale for Indiana construction equipment. Protect your assets with Indiana-specific clauses for home improvement and fraud prevention.
Liability Waiver
Create a California-compliant liability waiver for general contractors. Protect your business from construction site injuries, CCPA risks, and Cal-OSHA violations.