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A motor vehicle bill of sale is a document that formalizes the transfer of a motor vehicle from seller to buyer, serving a purpose similar to a receipt but with added importance. It is often required by states at the DMV for ownership transfer and can simplify vehicle registration by including essential details. For buyers, it aids in making informed purchases by allowing access to the vehicle’s history. For sellers, the bill of sale protects against future disputes, ensuring clarity regarding ownership and transaction terms. Overall, this document is crucial for both parties involved in the sale of a vehicle.