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If you want to transfer ownership of a boat, car, or horse in South Dakota, you need a bill of sale. The document provides legal protection whenever you buy or sell any high-value items. Learn more about what a bill of sale is and how to draft one that will work.
A seller's permit may be printed by the seller using the online Vehicle Registration & Plates portal or may also be obtained at a county treasurer's office. The seller's permit is valid for 45 days.
At that time a paper title will be printed and mailed to the location indicated by the lienholder in the release. South Dakota has been an ELT state since October 2012.
You can register for a South Dakota seller's permit online through the South Dakota DOR. To apply, you'll need to provide the South Dakota DOR with certain information about your business, including but not limited to: Business name, address, and contact information.
A new plate or sticker costs around $10.00. If you are in South Dakota, you can head over to the treasurer's office and provide all required paperwork. Once you do this and pay the required amount, you are good to go.
If you are conducting business in South Dakota you need a license even if you do not have a physical location. If you have nexus then all your sales in South Dakota are taxable (including online and catalog sales) and you must be licensed with the Department of Revenue.
In South Dakota, it's required for a car transfer to include a bill of sale.