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A motor vehicle bill of sale is a document that records the details of the transfer of a motor vehicle from a seller to a buyer, functioning similarly to a receipt. It is essential for buyers, as most states require it when transferring ownership at the DMV, facilitating the registration process by containing important vehicle details. Buyers can use the bill to verify the vehicle's history and conduct their own inquiries. For sellers, the bill of sale serves as protection against potential disputes, ensuring clarity in the transaction. Overall, it is a vital legal document for both parties involved in a vehicle sale.