A Minnesota vehicle bill of sale is a document of an ancillary action that can document the fact of title transfer during the vehicle sale. The bill of sale usually includes the information of both parties and a complete description of the vehicle that is subject to the sale. It is beneficial for both buyer and seller to conduct any deals through the bill of sale as it will help clarify any misunderstandings and protect from disputes or allegations.
Minnesota bill of sale templates – get all state-related bill of sale templates and use them at your convenience.
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|Document Name||Minnesota Vehicle Bill of Sale Form|
|Other Names||Minnesota Car Bill of Sale, Minnesota Automobile Bill of Sale|
|DMV||Minnesota Driver and Vehicle Services|
|Vehicle Registration Fee||$6-10 + additional fees|
|Bill of Sale Required?||Yes|
|Avg. Time to Fill Out||15 minutes|
|# of Fillable Fields||62|
There is no state-specific vehicle bill of sale forms offered by the Minnesota DMV so you can use standardized templates offered online. You’re welcome to use our vehicle bill of sale form for Minnesota formed and verified by the dedicated lawyer. To minimize any risks of mistakes or to smoothly finish this process, follow these steps:
Step 1: Date of Document
The document starts with the field indicating the date when this form is completed. From this day, you will have a limited term for applying for registration.
Step 2: Seller’s Information
In the next section, you need to fill out the gaps to identify who the seller is. It is required to include their full legal name, residence address, and contact details such as phone number and email address.
Step 3: Buyer’s Information
Similar to the previous section, you need to verify the information regarding the buyer. Type in the buyer’s full name, physical address, and phone number with an email address in the corresponding fields.
Step 4: Motor Vehicle Description
Next, you need to fully describe the vehicle to which ownership will be transferred after this transaction. It’s vital to provide the most precise and accurate information regarding it to help verify which motor vehicle is sold. The required description of the vehicle is as follows:
Step 5: Purchase Date, Price, and Method
In the next section, you need to indicate the date of the purchase when the vehicle is sold. This date can differ from the date when this form is conducted, and in this case, the deadlines for vehicle registration will be counted from the date indicated here.
Then, you need to provide the whole sum that must be paid for the vehicle. You also have to describe the transaction’s payment method agreed upon between the parties. There are several options for how vehicle ownership can be transferred, so you need to select the one that corresponds to your case.
If the buyer needs to deliver contemporaneous payment, its amount must also be provided in the corresponding field.
It is also essential to indicate the method the transaction is performed. Clarify if the buyer is to pay in cash, by check, cashier’s check, or money order by selecting the corresponding field. Next, check the box below to see if the taxes are included in the total price or paid separately.
Step 6: Signatures
To verify this document, both parties must sign this document in the presence of one witness. Write down the full name and the date when the document is signed after the signature.
Step 7: Notarization
Lastly, the document must be notarized. The last section is filled and signed by the notary public. Note that the notary public only verifies the identity of the parties but not the actuality of the information indicated in the form.
Form PS2000A-47, also known as Application to Title and Register a Motor Vehicle, is an official form that documents the transfer of the vehicle through the sale and is used for registration with the Minnesota DMV.
Odometer Disclosure Statement is an official form that indicates the latest mileage.
Form PS2025-B1 or Affidavit to Correct the Ownership Record of a Motor Vehicle can be used if the motor vehicle owner in the original bill of sale is indicated incorrectly.
Application for Corrected Title/Odometer (PS2025-21) is a form used if you want to submit the request to correct the details in the certificate of the title due to an incorrect title or odometer statement.
To get a title in Minnesota, you need to undergo the registration process at DVS Deputy Registrar’s office in person or through the mail. For a renewal, you can submit your application to Minnesota DMV online.
After you have purchased the vehicle, you usually have up to 60 days to apply for the registration within the state. The registration that has been active for a year needs to be renewed.
To register a vehicle, you need to submit the following documents: