Subdivision 1. Assignment and warranty of title; mileage; notice of sale. If an owner transfers interest in a vehicle other than by the creation of a security interest, the owner shall at the time of the delivery of the vehicle execute an assignment and warranty of title to the transferee and shall state the actual selling price in the space provided on the certificate. Within ten days of the date of sale, other than a sale by or to a licensed motor vehicle dealer, the owner shall: (1) complete, detach, and return to the department the form on the certificate entitled "Notice of Sale," if one is provided, including the transferee's name, address, and driver's license number, if any, and the date of sale; or (2) transmit this information electronically in a form acceptable to the commissioner. With respect to motor vehicles subject to the provisions of section 325E.15, the transferor shall also, in the space provided therefor on the certificate, state the true cumulative mileage registered on the odometer or that the actual mileage is unknown if the odometer reading is known by the transferor to be different from the true mileage. The transferor shall cause the certificate and assignment to be delivered to the transferee immediately.
Subd. 2. Application for new certificate. Except as provided in section 168A.11, the transferee shall, within ten days after assignment to the transferee of the vehicle title certificate, execute the application for a new certificate of title in the space provided on the certificate, and cause the certificate of title to be mailed or delivered to the department. Failure of the transferee to comply with this subdivision shall result in the suspension of the vehicle's registration under section 168.17.
Subd. 3. [Repealed by amendment, 1989 c 148 s 7]
Subd. 4. Notification of security interest. If a security interest is reserved or created at the time of the transfer, a notification of security interest shall be delivered or mailed to the person who becomes the secured party.
Subd. 5. Compliance removes liability after delivery. Except as provided in section 168A.11 and as between the parties, a transfer by an owner is not effective until the provisions of this section have been complied with; however, an owner who has delivered possession of the vehicle to the transferee and has complied, or within 48 hours after such delivery does comply, with the provisions of this section requiring action by the owner is not liable as owner for any damages resulting from operation of the vehicle after the delivery of the vehicle to the transferee. An owner is not liable who has complied with the provisions of this section except for completing and returning the Notice of Sale or transmitting the required information electronically under subdivision 1.
Subd. 6. [Repealed, 1997 c 135 s 4]
1971 c 162 s 10; 1977 c 105 s 3; 1986 c 444; 1988 c 647 s 11; 1989 c 148 s 7; 1990 c 480 art 4 s 1; 1999 c 238 art 2 s 11-13; 2008 c 287 art 1 s 28
Structure Minnesota Statutes
Chapters 160 - 174A — Transportation
Section 168A.01 — Definitions.
Section 168A.02 — Application; Registration And Renewal.
Section 168A.03 — Exempt Vehicles.
Section 168A.04 — Form And Content Of Application.
Section 168A.05 — Certificate Of Title.
Section 168A.06 — Delivery Of Certificate.
Section 168A.07 — Conditional Registration.
Section 168A.08 — Grounds For Refusal To Issue Certificate.
Section 168A.085 — Application For Title Or Registration, Certain Cases.
Section 168A.09 — Duplicate Certificate.
Section 168A.10 — Transfer Of Interest By Owner.
Section 168A.101 — Cancellation Of Motor Vehicle Sale.
Section 168A.11 — Purchase Of Vehicle By Dealer.
Section 168A.12 — Interest Passing By Nonvoluntary Transfer.
Section 168A.125 — Transfer-on-death Title To Motor Vehicle.
Section 168A.13 — Fee Accompanies Application; Delivery Of Registration Card And Plates.
Section 168A.14 — New Certificates Issued, Old Certificates Surrendered.
Section 168A.1411 — Manufactured Home Affixed To Real Property Owned By Cooperative.
Section 168A.1412 — Manufactured Home Affixed To Real Property.
Section 168A.142 — Manufactured Home Unaffixed From Realty.
Section 168A.143 — Manufactured Homes; Ownership At Issue.
Section 168A.15 — Reconstructed, Scrapped, Dismantled, Or Destroyed Vehicle.
Section 168A.1501 — Scrapped, Dismantled, Or Destroyed Vehicle.
Section 168A.151 — Salvage Title; Junking Certificate.
Section 168A.152 — Use And Certification Of Title; Inspection Fee.
Section 168A.153 — Report Of Vehicle Receipt.
Section 168A.154 — Salvage Vehicle Taken Out Of State.
Section 168A.16 — Inapplicable Lien Or Security Interest.
Section 168A.17 — Security Interest.
Section 168A.172 — Charitable Interest.
Section 168A.18 — Duties Of Parties Relating To Security Interest.
Section 168A.19 — Assignment Of Security Interest.
Section 168A.20 — Satisfaction Of Security Interest.
Section 168A.21 — Disclosure Of Security Interest.
Section 168A.22 — Exclusive Method Of Perfecting Security Interest.
Section 168A.23 — Suspension Or Revocation Of Certificate.
Section 168A.24 — Duties And Powers Of Department.
Section 168A.25 — Review By District Court.