Property Ownership
Which of the following instruments is used to transfer personal property that is NOT real estate?
ADeed
BMortgage
CBill of sale✓ Correct
DCovenant
Explanation
A bill of sale is used to transfer personal property (such as appliances, furniture, or equipment). Real property is transferred by deed. When a home sale includes both real and personal property, both a deed and a bill of sale may be used.
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