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A firearm bill of sale serves to document the details of a handgun, rifle, or shotgun sale between private buyers and sellers, facilitating the transfer of ownership and protecting both parties from potential legal issues. The video provides essential information about firearm bill of sale forms and where to obtain a free official template. It outlines that the process for selling a firearm varies by state due to differing gun laws. Key steps recommended include: researching your state's gun laws and sale requirements, ideally selling to a trustworthy person, possibly conducting a background check (if required), negotiating sale terms, and creating a bill of sale.
