Free Real Estate Bill of Sale

This Real Estate Bill of Sale (“Agreement”) is made and entered into as of this 12th day of August, 2067, by and between:

Seller:
[YOUR NAME], [YOUR COMPANY NAME], an individual residing at Montgomery, AL 36101.

Buyer:
Adela Abshire, an individual residing at Montgomery, AL 36101.

Property:
The real property described as follows:

This property includes all buildings, improvements, fixtures, and appurtenances located on the property.

1. Purchase Price

The total purchase price for the Property is One Million Dollars ($1,000,000), payable as follows:

The Buyer agrees to pay the purchase price to the Seller on or before the closing date, subject to adjustments, if any, required by this Agreement.

2. Closing

The closing of the sale (the "Closing") shall take place on the 30th day of August, 2067, or at another time mutually agreed upon in writing by both parties. The closing will occur at the offices of [YOUR COMPANY NAME] or such other location as agreed upon.

At Closing, the Seller will deliver to the Buyer the following documents:

• Deed of Transfer: A duly executed and notarized warranty deed, transferring full and legal title to the Buyer.

• Bill of Sale: This Real Estate Bill of Sale, duly signed by both parties.

• Proof of Payment: Confirmation of the receipt of the Purchase Price.

• Property Disclosures: Copies of any property disclosures required by law or previously provided to the Buyer.

3. Warranties and Representations

3.1 Seller’s Warranties

The Seller warrants that:

• The Seller holds clear and marketable title to the property, free of all liens and encumbrances, except those specifically noted in this Agreement.

• The Seller has the legal right to sell the property.

• The property is sold in its current “as-is” condition, except as otherwise disclosed in writing.

3.2 Buyer’s Acknowledgments

The Buyer acknowledges:

• The Buyer has had the opportunity to inspect the property and agrees to purchase it based on its current condition.

• The Buyer has reviewed any applicable property disclosures.

4. Taxes and Fees

All property taxes, utility charges, and other assessments shall be prorated between the Buyer and Seller as of the closing date.

5. Default and Remedies

In the event of a default by either party, the non-defaulting party may pursue all legal and equitable remedies available, including the right to specific performance or damages. Should the Buyer default in making any payments, the Seller may retain any deposits as liquidated damages.

6. Miscellaneous

6.1 Entire Agreement

This Agreement constitutes the entire understanding between the parties and supersedes any prior agreements, oral or written, relating to the subject matter.

6.2 Amendment

This Agreement may only be amended by written agreement of both parties.

6.3 Governing Law

This Agreement shall be governed by the laws of the state of Illinois.

7. Signatures

8. Notarization

This Bill of Sale was acknowledged before me on this 12th day of August, 2067, by [YOUR NAME], the Seller, and Adela Abshire, the Buyer.

This Real Estate Bill of Sale effectively transfers ownership from the Seller to the Buyer and reflects the terms agreed upon by both parties.