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A horse bill of sale is a document that formalizes the purchase of a horse, detailing the purchase price and other relevant information, along with the signatures of both the buyer and seller. After finalizing the sale document, the ownership transfer is recorded. This video tutorial covers essential information about horse bill of sale forms and provides resources for obtaining an official free template. It begins with guidelines on how to buy a horse, emphasizing responsible ownership and best practices. Key steps include finding a seller with a suitable horse, setting a budget that considers ongoing costs, and testing the horse through handling before completing the purchase.