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A horse bill of sale is a document that formalizes the purchase of a horse between a buyer and a seller, detailing the purchase price and pertinent sale information, along with both parties' signatures. Once completed, it serves as a written record of ownership transfer. This video tutorial covers essential information about horse bill of sale forms and where to find a free official template. It also emphasizes important best practices for horse purchasing. Buyers are encouraged to find a suitable seller, set a budget considering ongoing costs, and personally test the horse before negotiating the sale.