The Minnesota DMV bill of sale form is an advantageous document that validates the existence of a transaction. Although it is not required for a title transfer in the state of Minnesota, the bill of sale garners its fair share of benefits. For the buyer, it works as a sales slip that notes significant details such as the VIN number, amount the vehicle was sold for, and names & addresses of both individuals taking part in the agreement. For the seller, it can absolve them of any liability in the event the vehicle was abandoned or failed to be registered. (It is also practical to withhold a copy to reference for tax matters.)
The Minnesota DVS (Driver and Vehicle Services) gives residents the option of applying for registration by mail or in person. It is the buyer’s responsibility to register the vehicle within 10 days of the sale if purchased from a private party. Dealerships, on the other hand, have to handle the registration and titling process for the customer. To register through the mail, collect the following paperwork:
DVS
445 Minnesota St
St Paul, MN 55101
If you intend on registering the vehicle in person, the DVS requires all the same paperwork you need when registering by mail (listed above) as well as the paperwork listed below. Visit a DVS location and bring:
Step 1 – Download in Adobe PDF.
Step 2 – Vehicle Information – Insert the following information into the corresponding spaces as instructed:
Step 3 – Participant and Sale Information – Seller must input the following:
Buyer must input:
Insert the following sale details that both parties have agreed upon:
Step 4 – Seller/Buyer Signatures – Both parties must sign and date the document on the designated lines.
Step 5 – Copy for Files – There is an identical form under the original. Complete that form as you did the first and cut at the suggested line. There is now a copy for each party.