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A motor vehicle bill of sale is a document that records the transfer of a motor vehicle from the seller to the buyer, similar to a receipt but with more significance. It is often required by states when completing the transfer of ownership at the DMV, aiding in the registration process by providing essential vehicle details. For buyers, the bill of sale allows for informed purchasing decisions by facilitating checks on the vehicle's history. For sellers, it helps protect against potential disputes with the new owner. Overall, it is crucial for ensuring a smooth transaction between the parties involved.
