Ps2025 E1 Form PDF Details

In navigating the complexities of vehicle ownership records within Minnesota, the PS2025 E1 form emerges as a crucial document structured by the Minnesota Department of Public Safety Driver and Vehicle Services Division. This affidavit is meticulously designed to correct or update the ownership details recorded for motor vehicles, thereby ensuring accuracy within official registries. The form serves both titled and non-titled vehicles, demanding participation from the seller(s) and the correct buyer(s) to complete a transfer and application on a motor vehicle application (PS2000) for the former, while just the correct buyer is required to engage with the PS2000 for the latter. Highlighting its user-oriented approach, the form stipulates a 90-day grace period for qualifying for a refund following a sale's cancellation, encapsulating various sections that cover vehicle description, incorrect buyer details, lien release for incorrect buyers (which must be notarized), correct buyer details involving address information, security agreements, odometer and damage disclosure statements, and ultimately, the assignment declaration. This comprehensive affidavit underscores the meticulous nature of vehicle sale transactions and ownership transfers, streamlining the correction process to ensure both sellers and buyers navigate these waters with clarity and confidence.

QuestionAnswer
Form NamePs2025 E1 Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesps2025 20 minnesota, vehicle correct, ps2025, affidavit ownership

Form Preview Example

MINNESOTA DEPARTMENT OF PUBLIC SAFETY

DRIVER AND VEHICLE SERVICES DIVISION

445 MINNESOTA ST. SUITE 165 ST. PAUL, MN 55101-5165 Phone: (651) 297-2126 TTY: (651) 282-6555 Website: dvs.dps.mn.gov

AFFIDAVIT TO CORRECT THE OWNERSHIP RECORD OF A MOTOR VEHICLE

PLEASE READ THE FOLLOWING INSTRUCTIONS BEFORE COMPLETING THIS FORM:

The appropriate parties must complete all sections of this form and the following:

•Titled vehicle – The seller(s) and correct buyer(s) must also complete the transfer and application on a motor vehicle application (PS2000).

•Non-titled vehicle – A motor vehicle application (PS2000) must be completed and signed by the correct buyer.

Note: To qualify for a refund, cancellation of a vehicle sale must be submitted within 90 days of the initial sale date.

AVEHICLE DESCRIPTION MUST BE COMPLETED IN ALL CASES

VEHICLE IDENTIFICATION NUMBER

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year

Make

Model

Title Number

 

 

Plate Number

 

 

 

 

 

 

 

B

INCORRECT BUYER(S) MUST COMPLETE THIS SECTION

 

 

 

Incorrect Buyer's Name/Names (last, first, and middle)

 

 

Date(s) of Birth

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature(s) [INCORRECT BUYER(S) MUST SIGN]

 

 

 

 

On (provide date)

 

X

 

 

X

 

 

 

 

 

 

 

 

 

 

 

LIEN RELEASE FOR INCORRECT BUYER(S) - MUST BE NOTARIZED

 

 

 

 

Secured Party's Name

 

Subscribed and sworn to before me

The secured Party named no

 

 

 

 

 

this ______ day of _______________ 20 _____

longer claims a security

 

 

 

 

 

 

 

 

 

 

interest in the vehicle above.

 

City

 

State

Zip Code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notary Public

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Signature and Title of Authorized Agent

 

 

County

 

 

 

 

 

 

 

Date of Release

 

 

 

 

 

 

 

 

 

 

 

 

X

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

My Commission Expires

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note: If a lien is noted on the certificate of title, a lien release is required for the incorrect buyer (The correct buyer must complete the lien information in Section C below).

CCORRECT BUYER(S) MUST COMPLETE THIS SECTION

Buyer's Name/Names (last, first, and middle)

Date(s) of Birth

Street Address

City

State

Zip Code

IS THIS VEHICLE SUBJECT TO SECURITY AGREEMENT(S)? YES

 

NO

 

IF YES, COMPLETE SECTION BELOW:

First Secured Party (Print Name)

 

Date of Loan

 

 

 

Street Address

City

 

 

 

FOR ADDITIONAL SECURED PARTIES, ATTACH COMPLETED FORM #PS2017

 

State

Zip Code

 

 

 

ODOMETER DISCLOSURE STATEMENT. I/WE CERTIFY THAT THE ODOMETER

NOW READS

 

 

 

(NO TENTHS) MILES

AND TO THE BEST OF MY KNOWLEDGE THE ODOMETER MILEAGE IS:

 

 

ACTUAL MILEAGE

 

IN EXCESS OF ODOMETER'S

 

NOT ACTUAL MILEAGE -

 

 

 

 

 

 

 

 

 

MECHANICAL LIMITS

 

WARNING ODOMETER DISCREPNCY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DAMAGE DISCLOSURE STATEMENT. TO THE BEST OF MY KNOWLEDGE THIS VEHICLE

 

HAS

 

HAS NOT (CHECK ONE)

 

 

 

 

SUSTAINED DAMAGE IN EXCESS OF 80 PERCENT ACTUAL CASH VALUE.

ASSIGNMENT: I/WE CERTIFY THAT THIS VEHICLE IS FREE FROM ALL SECURITY INTERESTS. I/WE WARRANT TITLE AND ASSIGN THE REGISTRATION TAX AND VEHICLE TO THE PERSON(S) NAMED ABOVE.

I/WE DID PURCHASE THE ABOVE DESCRIBED VEHICLE SUBJECT TO LIENS SHOW, AND NO OTHERS:

Signature(s) [CORRECT BUYER(S) MUST SIGN]

Date of Purchase

X

X

D

SELLER(S) MUST COMPLETE THIS SECTION

 

I/WE CERTIFY THAT ALL INFORMATION ABOVE IS CORRECT:

 

 

 

 

 

 

Seller's Full Name

Listed Dealer's Full Name

 

 

Seller's Signature

Listed Dealer's Signature

X

 

X

 

 

 

PS2025-B1 (05/18)

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ACTUAL MILEAGE, Date of Loan, and State of ps2025 e1

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