What exactly does a real estate "Bill of Sale" mean?

Tips and Deals Forums Buying Your Home Buying Your Home What exactly does a real estate "Bill of Sale" mean?

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      Anonymous
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      I am negotiating the purchase of a home with the current owner. It is for-sale-by-owner. He would like me to sign a conditional Bill of Sale about the purchase price and date, but I don’t feel prepared to do this. I am not exactly sure what the Bill of Sale means, and am concerned it will be a legally binding agreement without any recourse for myself.

      This is in Washington State, US. Thanks for your help.

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