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Peter Christensen discusses the importance of personal property transfer agreements and bills of sale in real estate transactions. He notes that these forms, while not technically addenda, are essential as they deal with the transfer of personal property alongside real property. Christensen emphasizes that the Real Estate Purchase Contract (REP C) primarily covers real property, and the personal property transfer must be documented separately to comply with lender requirements. He plans to highlight key forms and provide explanations for those that may seem problematic, starting with the personal property transfer agreement, which he considers significant for ensuring transparency in transactions.