Bill of Sale
Create a legally binding Bill of Sale for Arizona legal consultants. Compliant with ARS § 47-2201 and Statute of Frauds. Protect against liability and scope creep.
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As an Arizona legal consultant, transferring professional assets or high-value deliverables requires more than a simple receipt. Under Ariz. Rev. Stat. § 47-2201, transactions exceeding $500 must be... Read more
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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.
[asset description identifiers]
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 an Arizona legal consultant, transferring professional assets or high-value deliverables requires more than a simple receipt. Under Ariz. Rev. Stat. § 47-2201, transactions exceeding $500 must be documented in writing to be enforceable. This document mitigates industry-specific risks such as scope creep and liability for incorrect advice by formalizing the transfer of ownership. Our Bill of Sale ensures compliance with the Arizona Consumer Fraud Act and confirms that all representations meet both state and federal regulatory frameworks, protecting your practice from client disputes and future claims of unauthorized practice of law.
Beyond the standard bill of sale sections, this template adds fields specific to Legal Consultant:
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.
Liability for Incorrect Advice
Use of comprehensive engagement letters and limitation of liability clauses that specify the consultant's advice is based on information provided by the client and is subject to change.
Scope Creep
Detailed contracts that clearly define the scope of services, along with regular communication and written amendments or addendums for additional work.
Since Arizona is a community property state, assets acquired during a marriage are generally owned equally by both spouses. If you are selling consulting assets that could be considered community property, you must ensure both spouses consent to the transfer to prevent future ownership disputes or legal challenges under Ariz. Rev. Stat. § 25-211.
To mitigate liability for incorrect advice or non-performing deliverables, legal consultants should include an 'As-Is' clause. This informs the buyer that while the transfer is valid, you make no ongoing guarantees regarding the deliverable's future utility, helping you avoid claims under the Arizona Consumer Fraud Act or common law professional negligence.
Yes. Pursuant to Ariz. Rev. Stat. § 44-101 and § 47-2201, this document provides the necessary written evidence of a signed agreement between parties, which is essential for the sale of goods over $500 or items that may fall under specific regulatory audits.
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