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A horse bill of sale is a document that facilitates the transfer of ownership of a horse, whether sold or given as a gift. It helps avoid disputes over ownership and addresses concerns about the horse's lineage. For buyers, it serves as legal proof of purchase and payment. For sellers, it provides evidence that the buyer acknowledged the horse's condition at the time of sale, limiting liability for any future health issues. Key elements to include in the document are details about the horse, the buyer and seller information, the purchase price, and any conditions or warranties associated with the sale.