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A firearm bill of sale is a document that outlines the details of a sale involving handguns, rifles, or shotguns between private parties, facilitating the transfer of ownership and providing legal protection. The video discusses key information about firearm bill of sale forms and where to obtain a free template. It emphasizes the importance of researching state-specific gun laws, as requirements vary across all 50 states. Despite these differences, six best practice steps are outlined: research state laws, consider selling to a trusted person, conduct a background check (as required), negotiate sale terms, and create the bill of sale.
