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Bill of Sale (Sales Contract) (Conveyance Contract)

A document that details the transfer of personal property from a seller to a buyer.

You may have to provide a bill of sale to verify the sale of assets other than real estate.

Asset already sold

Make sure documentation includes:

  • Sale date and price
  • Sold-asset description
  • Buyer and seller signatures
  • Copy of buyer’s check or bank statement verifying deposit of proceeds from the sale

Asset not yet sold

Make sure documentation verifies:

  • Proof of ownership
  • Appraised value
  • Buyer’s intent to purchase

The appraised value should be made by a qualified person with no financial interest in the transaction.

Tips for a smoother application process

  • Make sure documents are clear and legible.
  • Don't alter any pages (no strikethroughs, cross-outs, etc.).
  • Send all pages, even the blank ones.