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0US1 Personal Property Exchange Agreement | FindLegalForms.com 2

Personal Property Exchange Agreement

for Your State

This Personal Property Exchange Agreement is used when one party exchanges real estate for personal property owned by another. It sets out all relevant terms including how the real estate will be conveyed.

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This Personal Property Exchange Agreement is between one party who desires to exchange personal property for real estate owned by a second party. This agreement sets forth the names and addresses of the parties, the exact personal property owned by the first party and how this property will be delivered. It also spells out the exact details of how the real property will be conveyed to the first party.

In this agreement the parties also agree that the properties will be invoiced at market cost and the parties agree to pay any excess differential value of the personal versus the real property. The agreement also contains provisions regarding time for payment after review of the invoices, execution of a bill of sale and that title to personal property will be retained by first party until full payment is made and a bill of sale is executed.

This Personal Property Exchange Agreement includes the following:
  • Parties/Property: Sets forth the names of the parties and the personal property to be exchanged for specific real property;
  • Conveyance of Real Property: Real property will be conveyed to the first party via a deed, the specific type of deed to be determined by the parties;
  • Invoicing: Personal property will be invoiced and second party agrees to pay any excess over a set amount as the difference in the price of the exchanged properties;
  • Bill of Sale: First party agrees to execute a bill of sale for the personal property;
  • Title: First party shall retain title and possession of personal property until full payment is made (if applicable);
  • Non-Compete: Seller agrees not to compete with buyer as an employee or partner of another business for a specified number of years;
  • Signatures: Both parties must sign this agreement in the presence of a notary public.

Protect your rights and your property by using our attorney-prepared forms.

This attorney-prepared packet contains:
  1. General Information
  2. Instructions and Checklist
  3. Personal Property Exchange Agreement
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages7
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#43630
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.

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