Is a Vehicle Bill of Sale Required in Minnesota?
According to Minnesota laws, a motor vehicle bill of sale — a written paper authorizing the ownership transfer of a truck, car, motorcycle, or other vehicle- is not mandatory in this state. There are alternative proofs of ownership to sell or purchase any motor vehicle in Minnesota, such as the title.
The bill of sale form remains profitable since it ensures additional guarantees for the purchaser and the seller, allowing the latter to arrange the record-keeping properly.
Along with the description of the motor vehicle on sale, the following documents may be needed to start the titling procedure: the identification documents, proof of insurance form, a certificate of origin or the title, lien holders release form (signed or notarized), and an Inspection Certificate.
Minnesota typically titles vans, trucks, cars, buses, motorcycles, and huge trailers. Except for several circumstances, the transfer of ownership has to take place on the certificate of title within the term not exceeding ten days from the sale date (the title is not required for several types of trailers, including those owing a gross weight of 4,000 pounds or less in case a lien is present). The ownership transfer of a used motor vehicle can be performed at any of the 200 deputy registration offices around the state.
Pay attention to the compulsory fee of $55.00 for your vehicle's registration. Besides, you might have to compile and submit the Report of Sale document and other transaction-related papers if you are the seller.