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A motor vehicle bill of sale is a document that records the transfer of ownership of a motor vehicle from a seller to a buyer, functioning similarly to a receipt. It is often required by states when registering the vehicle at the DMV and simplifies the registration process by including essential vehicle details. For buyers, it enables more informed purchases by allowing access to the vehicle history report and facilitating further inquiries. For sellers, it helps avoid future disputes or issues with the new owner regarding the vehicle. Overall, the bill of sale is crucial for documenting the transaction and ensuring a smooth transfer of ownership.