Real & personal property transfer documents Flashcards
1
Q
What is personal property also referred to as?
A
Personalty or chattel
2
Q
If personal property is being transferred along with real property, a ____ __ ____ is generally used to accomplish the transfer.
A
Bill of sale
3
Q
What other document does the bill of sale normally accompany?
A
The deed.
4
Q
What is a bill of sale?
A
A document indicating a transfer of goods from one person to another for some amount of money. (i.e. a couch along with a house)