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A horse bill of sale is a legal document that records the purchase of a horse between a buyer and a seller, detailing the purchase price and the signatures of both parties. It serves as a formal record of ownership transfer. This video tutorial covers essential information about horse Bill of Sale forms and provides guidance on obtaining a free template. It emphasizes the importance of following best practices when buying a horse, highlighting key steps such as finding a suitable seller, determining a budget that includes care costs, and personally handling and testing the horse before finalizing the sale.