The following information, courtesy of the Minnesota Deputy Registrars Association, will help you properly transfer ownership of a used vehicle. Transfer of ownership from the seller to the buyer is NOT finished until the completed title is turned in at the registrar or deputy registrar's office, where the excise tax and related fees are paid.
Seller must provide a title from the state in which vehicle was last licensed.
If current title cannot be located, the seller must apply for a duplicate. The seller must provide a signed release from any lienholder(s) listed on the title (bank, credit union, or individual from whom money was borrowed). The sale cannot be completed without this document.
Current owner(s) name(s) must appear and all owner(s) must sign as seller(s).
Seller must provide the mileage as it appears on the odometer.
Buyer must print full name(s), address(es), date(s) of birth and driver's license number(s) of buyer(s) on the title.
If money was borrowed to purchase the vehicle, the buyer must provide a complete name and address of lienholder(s) and date of lien to be printed on the title. If no money was borrowed, check "None" for no lien.
The buyer must sign the title.
*Please note there is a new insurance requirement--effective January 1, 2016 insurance information must be provided at the time of registration renewal, title transfer, or application for new Minnesota title/registration per Minnesota Statute Chapter 169.798, Subd. 4.