If the title has a lien holder listed on it, the original signed lien release card or a notarized lien release from the lending institution listed on the title is required.
Is a journal required? While Minnesota law does not require a journal, it is prudent of a notary public to keep one.
Notarization isn't always required for a bill of sale in Minnesota. However, for certain transactions, such as the sale of a motor vehicle, notarizing the document can provide additional legal protection.
Learn how to sell your car in Minneapolis, MN below: Organize Your Documents: Locate your vehicle's title, owner's manual, maintenance records if available, vehicle registration, and any other documents related to your car. If applicable, sellers must provide a signed lien release card or notarized lien release form.
If the title has a lien holder listed on it, the original signed lien release card or a notarized lien release from the lending institution listed on the title is required.
A Minnesota motor vehicle bill of sale is a legal document that serves as a recording that two parties have executed the sale of a motor vehicle. The document also establishes a change of ownership and provides the required information for the vehicle's registration. This form requires notarization.
Minnesota law requires a title be transferred within 10 business days of the date of sale to avoid a penalty. The Anoka County License Centers recommend that all buyers and sellers appear in person to complete the title transfer.
You'll need the vehicle's current title, a completed application for title transfer, identification for both parties, and any documents proving ownership, like a bill of sale or lien release if applicable. Check for any specific requirements based on the vehicle type.