How to fill out Minnesota PS2024

Not the seller's form, and here because a person whose car has been taken will search for it. This is the document a secured party swears to say the vehicle was lawfully repossessed and to apply for a title in its own name - it is an affidavit and a title application on one sheet, it is notarised, and it carries the same odometer and damage disclosures a private sale does. Reading it tells a former owner exactly what has been said about their vehicle.

Written against PS2024 (Rev 05/18), issued under Minnesota Statutes 168A.13. If your car has been repossessed, this is the form that moves it out of your name - but it does not end what you owe. The security agreement, not the title, governs the money, and a title issued to a lender is the start of that conversation rather than the end of it.

Two documents, and they are not the same thing. Take the blank PS2024 from the assets.dps.mn.gov copy so you get the revision that is current today.

Every line, in the order you meet it

1. 1
   The lienholder fills this in

   Vehicle identification number

   The wide box across the top of the form.

   Watch out: It has to match the security agreement and the title record. A repossession affidavit against the wrong identification number is a claim against somebody else's car.

2. 2
   The lienholder fills this in

   Plate, year, make, type, model

   The row beneath, describing the vehicle as the record describes it.

   Watch out: In Minnesota the plate is still on the vehicle, so this is simply what was on it when it was taken.

3. 3
   The lienholder fills this in

   Name of registered owner and title number

   The person the vehicle was titled to, and the number of that certificate.

   Watch out: This is the name that is about to come off the record. It is worth a former owner checking it is spelled correctly, because a corrected record afterwards is a harder job.

4. 4
   The lienholder fills this in

   Name of secured party and date of repossession

   The two boxes that open the sworn statement, with the secured party's full address beneath.

   Watch out: The date is the fact everything else hangs off. It is what the lawfulness of the taking is measured from and what a former owner would compare against their own notices.

5. 5
   The lienholder fills this in

   Insurance

   Auto insurance company, policy number and expiration date - the repossessing party's own.

   Watch out: The lender is applying to be the owner, and Minnesota's no-fault law attaches to owners. This block is not about the cover the former owner had.

6. 6
   The lienholder fills this in

   The odometer statement

   The reading in whole miles, with either exception statement ticked only if true.

   Watch out: The warning printed under the two statements is that there is an odometer discrepancy if box 1 or 2 is checked, and that discrepancy follows the vehicle onto every future title.

7. 7
   The lienholder fills this in

   The damage disclosure

   Has or Has Not sustained damage in excess of 80% actual cash value.

   Watch out: Required here exactly as it is on a private sale. A lender that ticks Has Not on a car it has never seen is certifying something it does not know.

8. 8
   The lienholder fills this in

   Sign before a notary

   Signature of secured party, then subscribed and sworn before me, the day, the month, the year, county and commission expiry.

   Watch out: The indemnity above the signature is broad - it covers the registrar and all persons acting for him against any and all liability - and that is what the notarised oath is buying.

What gets this one rejected

• •A private owner filing it. This is a secured party's affidavit and the signature block says so - a former owner has no standing on this form at all.
• •No notarisation. The block is on the face of the form and the affidavit does nothing without it.
• •A lender that already holds the title and wants to sell rather than keep. Instruction 3 sends them to a dealer purchase receipt instead of this form.
• •The odometer and damage disclosures left blank because the lender never drove the car. They are required of whoever is transferring the vehicle, and a repossessing party is transferring it.
• •A private party repossessing without accounting for the tax. The instructions say Minnesota sales tax is due if the private party was not the previous owner.
• •A missing date of repossession. It is the date the whole affidavit turns on, and a blank one leaves nothing sworn to.

Rules that decide whether it is accepted

• •It is two documents on one sheet. Instruction 1: when the repossessing party chooses to title the vehicle in their name, this form also serves as their application for title. Where the lender already holds the certificate, no application is needed at all.
• •A private lienholder can use it too. The instructions ask a private individual repossessing a vehicle to include their driver's licence number and date of birth, which is the department acknowledging that not every secured party is a bank.
• •Three fees follow it. Title, Public Safety Vehicle and Filing, in the instructions' own words, with the amounts left to the department's fee page.

Every line here was read off PS2024 (Rev 05/18) itself — the PDF is here — and off the Minnesota Driver and Vehicle Services pages. This is plain-language help with a form, not legal advice, and where our wording and the agency's differ, theirs governs.

Back to all Minnesota seller paperwork, or what selling a car in Minnesota involves.