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A horse bill of sale is a document that formalizes the transfer of ownership from seller to buyer, recording the purchase price and essential details, along with both parties' signatures. This video tutorial covers key information about horse Bill of Sale forms and where to find a free official template. It emphasizes the importance of best practices in the horse-buying process, highlighting that ownership entails significant responsibility. Prospective buyers, whether experienced or novice, should identify a suitable seller, establish a budget considering ongoing costs, and personally test the horse before making a purchase.