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A horse bill of sale is a document that facilitates the transfer of ownership of a horse, whether through sale or gifting. It helps prevent disputes over ownership and can clarify concerns about the horse's lineage. For buyers, it serves as legal proof of purchase and payment, while for sellers, it confirms buyer awareness of the horse's condition at the time of sale, protecting the seller from future health claims. Additionally, the document signifies that the seller is no longer liable for the horse. Important elements to include in the bill of sale will be outlined in the tutorial.