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A horse bill of sale documents the purchase of a horse between a buyer and a seller, recording the purchase price, relevant sale information, and signatures from both parties. Once finalized, it serves as written proof of ownership transfer. This video covers essential details about horse bill of sale forms and provides sources for free official templates. Before creating a bill of sale, it's essential to understand the best practices for purchasing a horse. Potential owners should find a suitable seller, set a budget considering space, food, and care, and personally handle the horse to test its suitability. Negotiation is also a key part of the buying process.