Minnesota Notification Of Assignment Form PDF Details

In the heart of Minnesota's vehicle ownership procedures, the Notification of Assignment, Release, or Grant of Secured Interest form stands as a pivotal document. This form, overseen by the Minnesota Department of Public Safety's Driver and Vehicle Services, operates from a base in Saint Paul, MN. Its primary role is to guide the transfer of vehicle ownership rights or to detail changes in the vehicle’s secured interest status. Essentially, it serves three major purposes: to notify of an assignment of a lien, to release a secured interest, or to grant a new secured interest in a vehicle. The form meticulously records details including the year, make, model, and the vehicle identification number, alongside owner and secured party information. Signatures from the relevant parties validate these transactions, with some situations requiring notarization, particularly for lien releases. Notably, this process involves specific instructions and fees, emphasizing the form's role in ensuring legal compliance and clarity in vehicle ownership transactions. The completion and submission of this document, alongside the requisite fees to the designated Minnesota Department of Public Safety office, are critical steps in the formal acknowledgment of changes in ownership or secured interests, underpinning the state's commitment to accurate vehicle registration and owner rights protection.

QuestionAnswer
Form NameMinnesota Notification Of Assignment Form
Form Length2 pages
Fillable?Yes
Fillable fields1
Avg. time to fill out42 sec
Other nameslien release mn, minnesota lien release, minnesota lien release form, mn grant form

Form Preview Example

MINNESOTA DEPARTMENT OF PUBLIC SAFETY

DRIVER AND VEHICLE SERVICES

445 Minnesota Street

Saint Paul, MN 55101-5187

Phone: (651) 297-2126

Web: dvs.dps.mn.gov

Notification of Assignment, Release or Grant of Secured Interest

(Instructions on reverse side)

YEAR

MAKE

TYPE

 

 

 

MODEL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OWNER(S) NAME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

STREET ADDRESS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CITY

 

 

 

STATE

 

 

ZIP CODE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURE OF OWNER(S), NECESSARY ONLY WITH GRANT

X

VEHICLE IDENTIFICATION NUMBER

 

TITLE NUMBER

 

 

 

 

 

 

 

SECURED PARTY’S NAME

STREET ADDRESS

 

 

 

 

 

 

 

CITY

STATE

ZIP CODE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURE AND TITLE OF AUTHORIZED AGENT

X

ASSIGNMENT

RELEASE

GRANT

The secured party named in Section A has assigned his interest to the secured party named in Section B.

The secured party named in Section A no longer claims a security interest in the

vehicle described above. Date of Release

The owner(s) have granted to the secured party named in Section A, a security interest in the vehicle described above.

--- NOTICE ---

This form must be notarized

to release a lien.

Subscribed and sworn to before me

this

Date of Security Agreement

ASSIGNEE’S NAME, NECESSARY ONLY WITH ASSIGNMENT

BSTREET ADDRESS

 

CITY

STATE

ZIP CODE

 

 

 

 

 

 

 

 

day of

 

20

NOTARY PUBLIC

COUNTY

MY COMMISSION EXPIRES

PS2017-10 (6/11)

- over -

INSTRUCTIONS

ASSIGNMENT OF LIEN

1.The Assignor must be listed as secured party on the application for title or on the current certificate of title.

2.The Assignor must complete section A and list the name and address of the Assignee in section B.

3.The assignment must be submitted with the current certificate of title.

4.Fees: $1 plus $10 filing fee. For an assignment noted concurrently with the secured interest, no fee is required. The assignment accompanies the granting of a second interest.

RELEASE

1.The secured party must complete this form within 15 days after satisfaction of the security agreement.

2.The secured party must complete and sign section A.

3.The form must be notarized

4.This release must be submitted with the current certificate of title.

5.Fee: $10 filing fee

GRANT

1.The owner of the vehicle must complete section A of this form.

2.The grant must be submitted with the current certificate of title.

3.Fees: $2 plus $10 filing fee

All forms and fees may be submitted to your local motor vehicle office or you may make the check payable to Driver and Vehicle

Services and mail the forms to:

Driver and Vehicle Services

445 Minnesota Street

Suite 187

St. Paul, Minnesota 55101-5187

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