A Minnesota bill of sale is a legal document used to transfer ownership of a valuable item from one person to another based on the specific state laws of Minnesota.
The item can be any personal property bought or exchanged for money or traded for another valuable item.
How to Register a Vehicle in Minnesota
To register a vehicle in Minnesota, you need a bill of sale, odometer disclosure statement, certificate of title, a valid driver’s license, proof of insurance, and to pay the registration fees; this can be done by mail or at a Deputy Registrar’s office.
Bill of Sale – By Type (5)
Use a vehicle bill of sale form to buy or sell a motor vehicle.
Vehicle Bill of Sale
Use a boat bill of sale to transfer ownership of recreational water vehicles (such as motorboats, sailboats, yachts, and jet skis).
Boat Bill of Sale
Use a trailer bill of sale to buy or sell a trailer (or any non-motorized vehicle pulled by another vehicle).
Trailer Bill of Sale
Use a firearm bill of sale to transfer ownership of a gun (such as a handgun, rifle, or shotgun).
Firearm Bill of Sale
Requirements
A Minnesota bill of sale should include the buyer’s and seller’s information, a description of the item, the purchase price or terms, and signatures from both parties. It is optional to include details like the item’s condition or any liens.
Language, Notarization and Copy Requirements
- Language: The bill of sale should be written in English, but it can be in any language as long as both parties fully understand the terms. If a translation is used, it’s a good idea to have a certified translator.
- Notarization: In Minnesota, a bill of sale for general items like personal property or vehicles does not need to be notarized to be valid. However, notarization can provide additional legal credibility, especially for high-value transactions or when dealing with any disputes.
- Copies: Both the buyer and the seller should retain a copy of the bill of sale for their records. For vehicle or boat transactions, it’s also recommended to keep an additional copy for submission to the Minnesota Department of Public Safety (DPS) or other relevant authorities.
Vehicle Registration Forms
- Bill of Sale
- Odometer Disclosure Statement (Federal Form)
- Certificate of Title
- You can apply for a replacement title by mail or at a Deputy Registrar’s office by completing an Application for Duplicate Title, Registration, Cab or Lien Card—Form PS2067A
- Valid driver’s license
- Power of Attorney (if someone else is registering the vehicle on behalf of the owner)
- Registration Fees
- Proof of Insurance according to the state’s minimum requirements [1] :
- $30,000 for the death or injury of one person in an accident
- $60,000 for the death or injury of two or more persons in an accident
Boat Registration Forms
- Watercraft Title and Registration Application (Form LB014-05)
- Bill of Sale
- Certificate of Title
- Registration Fees
Sample
