How to fill out the PS2017 in Minnesota
A field-by-field walkthrough of the Minnesota PS2017 (Notification of Assignment, Release or Grant of Secured Interest) for licensed used car dealers — what goes in every section, who signs what, and the documents you attach. Verified against the official form, the DVS Minnesota Titles booklet (May 2026), and Minn. Stat. 168A.20 as of October 2026.
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Filling out the MN PS2017 after a sale:
- What it is
- DVS's form to release, assign, or grant a security interest (lien) on a Minnesota-titled vehicle
- Who completes it
- The secured party. On a BHPH note that's your dealership; an authorized agent signs, and the form is notarized
- Where to file it
- Submitted with the current title at a deputy registrar or by mail to DVS in St. Paul
- Processing time
- The form says complete it within 15 days after the security agreement is satisfied
- Cost
- $12 filing fee for a release, per the form's instructions
This guide is informational and does not replace the official Minnesota instructions. Always confirm the current form and procedure with Minnesota Driver and Vehicle Services before you file.
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What the PS2017 is and why it matters
The PS2017 is Minnesota's form for releasing, assigning, or granting a lien on a titled vehicle. If you run buy-here-pay-here, your dealership is the secured party on every note you carry, so the release side is yours: when the customer pays off, you sign it, get it notarized, and get it to the owner so the lien comes off the title.
Minnesota gives you more than one way to release. The DVS titles booklet lists the Lien Card, a letter on your letterhead, or a notarized PS2017. This guide walks the PS2017 box by box from the dealer's seat, then covers the 15-day deadline, the $12 filing fee, and e-Liens.
The current revision is PS2017-14 (5/2026), from Minnesota Driver and Vehicle Services (DVS). One form covers three jobs, picked with a checkbox: Assignment (a secured party hands its lien to another), Release (the secured party no longer claims an interest), and Grant (owners give a secured party a lien). For a payoff you check Release. The front prints a notice that the form must be notarized to release a lien.
Documents to have before you start
The release travels with the current title to a deputy registrar or DVS. Have these lined up before your agent signs.
- The current Minnesota certificate of title — The form's release instructions say the release must be submitted with the current certificate of title. On a Minnesota title with a lien, DVS mails the title to the owner and the lien card to the lienholder, so the owner usually has it.
- The payment history showing the note paid in full — Date of Release is the day the security agreement was satisfied. Make sure the final payment cleared before you sign.
- A notary — The front of the form says it must be notarized to release a lien, and the release instructions repeat it.
- The $12 filing fee — Listed in the form's release instructions. Checks by mail are payable to Driver and Vehicle Services.
PS2017, section by section
Lien Card, letter, or PS2017
The DVS titles booklet (May 2026) says a lien release is required for each lien on the vehicle record, and it can be completed on the Lien Card, on a letter on the lienholder's letterhead, or on a notarized PS2017. The booklet contradicts itself on letters: one sentence says the letter isn't required to be notarized, and the next says that if a letter or a PS2017 is used, the wet signature of the person signing for the secured party must be notarized. Read it the strict way and notarize the letter too. The booklet also says lienholders may electronically sign release letters and the PS2017.
| Field | Who fills it |
|---|---|
Release on the Lien Card The card DVS mailed you when the lien was recorded. | You (dealer) |
Letter on your letterhead Notarize it to be safe. | You (dealer) |
PS2017 with Release checked Notarized. | You (dealer) |
Vehicle and owner
The top row is the vehicle: year, make, type, model, VIN, and title number. Copy them from the title; the booklet tells deputies to check the entire VIN against the lien release, not just the last few digits. Below that, the owner's name and full address with county. On a release the owner doesn't sign. The form says the owner signature is necessary only with a grant.
| Field | Who fills it |
|---|---|
Year, Make, Type, Model | You (dealer) |
Vehicle Identification Number All 17 characters, matching the title. | You (dealer) |
Title Number From the current title. | You (dealer) |
Owner(s) name, street address, city, state, ZIP, county | You (dealer) |
Signature of owner(s) Grant only. Leave blank on a release. | Buyer |
Section A: the secured party
Section A is the secured party's name and address, with county. The release instructions say the secured party must complete and sign Section A. On a BHPH note that's your dealership, named the way it's recorded as lienholder on the title. The signature line reads Signature and Title of Authorized Agent, so the signer adds their title (owner, manager, and so on) next to the signature.
| Field | Who fills it |
|---|---|
Secured party's name Your dealership, as recorded on the title. | You (dealer) |
Secured party street address, city, state, ZIP, county | You (dealer) |
Signature and title of authorized agent Signed in front of the notary. | You (dealer) |
The Release box and date of release
Check Release. Its statement reads that the secured party named in Section A no longer claims a security interest in the vehicle described. Fill in Date of Release, the day the loan was satisfied. Leave the Assignment and Grant boxes alone, along with Section B (the assignee's name and address) and Date of Security Agreement; those belong to the other two jobs.
| Field | Who fills it |
|---|---|
Release checkbox | You (dealer) |
Date of Release The payoff date. | You (dealer) |
Assignment, Grant, Section B, Date of Security Agreement Leave blank on a release. | You (dealer) |
The notary block
The right side of the form has the jurat: subscribed and sworn to before me this day of 20__, the notary's signature, county, and commission expiration. The printed notice says this form must be notarized to release a lien, and step 3 of the release instructions says the same. The booklet calls for the wet (live) signature of the person signing for the secured party to be notarized, so give the owner the signed, notarized original.
| Field | Who fills it |
|---|---|
Subscribed and sworn date Notary completes. | At the counter |
Notary public signature, county, commission expiration Notary completes. | At the counter |
15 days, $12, and who files it
The release instructions say the secured party must complete the form within 15 days after satisfaction of the security agreement, it must be submitted with the current certificate of title, and the fee is $12. Minn. Stat. 168A.20 sets the same 15 days and shortens it to seven days when the lien is satisfied by a licensed dealer, which is the trade-in case. When the owner holds the title, the statute has the secured party send the release to the owner or the owner's designee. The owner then takes the title and release to a deputy registrar, or mails them with a check payable to Driver and Vehicle Services, 445 Minnesota St., Suite 187, St. Paul, MN 55101-5187.
| Field | Who fills it |
|---|---|
Signed, notarized release to the owner Within 15 days of payoff. | You (dealer) |
Title + release + $12 to a deputy registrar or DVS | Buyer |
e-Liens: no paper release
e-Liens are optional in Minnesota. A financial agency registered as an e-Lienholder marks the lien as electronic in MNDRIVE and doesn't track a lien card. At payoff it releases the lien electronically through MNDRIVE e-Services for Business, and the vehicle record updates right away. The booklet says the e-Lienholder can then tell the customer to visit a deputy registrar to update the title if they want, and no lien card is sent or required. Lienholders not in the program still get lien cards.
| Field | Who fills it |
|---|---|
Electronic release in MNDRIVE Registered e-Lienholders only. | You (dealer) |
Common PS2017 mistakes that cause rejections
The form prints that it must be notarized to release a lien. An unnotarized PS2017 won't clear it.
Each box is a different transaction. On a payoff, check Release only and leave Section B and the security agreement date blank.
The instructions say the release must be submitted with the current certificate of title. Tell the owner to bring both.
The form gives you 15 days after the security agreement is satisfied. Minn. Stat. 168A.20 makes it seven days when a licensed dealer satisfied the lien.
The DVS booklet warns that if the lien is recorded in both places, DVS records two lienholders on the title, and you'll owe two releases later.
Common questions
What is the Minnesota lien release form?+
It's the PS2017, Notification of Assignment, Release or Grant of Secured Interest, from Minnesota Driver and Vehicle Services. The current revision is PS2017-14 (5/2026). For a release, the secured party completes and signs Section A, checks Release, enters the date of release, and has it notarized.
Does a Minnesota lien release need to be notarized?+
The PS2017 does; the form says so on its face. For a letter, the DVS titles booklet says both that a letter isn't required to be notarized and that a letter's signature must be notarized. Notarize it and you're covered either way.
How long does a lienholder have to release a lien in Minnesota?+
15 days after the security agreement is satisfied, per the PS2017's instructions and Minn. Stat. 168A.20. The statute makes it seven days when the lien is satisfied by a licensed dealer.
What does it cost to file a PS2017 release?+
The form lists a $12 filing fee for a release, submitted with the current certificate of title at a deputy registrar or by mail to DVS.
Can a BHPH dealer release a Minnesota lien with a letter?+
Yes. The DVS booklet accepts a letter on the lienholder's letterhead. DealerVLO's BHPH servicing prints a release letter on your letterhead with the owner, vehicle, VIN, and payoff date. It has no notary block of its own, and the booklet's stricter reading wants a letter's signature notarized, so plan on the notary either way. The release on your Lien Card also works.
Who releases the lien when I pay off a customer's trade-in?+
The lender does. Paying off the loan doesn't make you the secured party. Minn. Stat. 168A.20 gives the lender seven days when a licensed dealer satisfied the lien. Collect its release (Lien Card, letter, PS2017, or an e-Lien release in MNDRIVE) before you retitle the car.
Is there software that fills out the PS2017 automatically?+
Yes. The Minnesota PS2017 is a fillable PDF, so dealer management software like DealerVLO can fill it for you: upload the blank form once, DealerVLO detects its fields and suggests a mapping you confirm, and from then on it fills from every deal you enter — the buyer, co-buyer, the vehicle you sold, and your dealership's details already in place. It's $29/month flat with a 14-day free trial, and the same deal also generates your federal documents (Bill of Sale, FTC Buyers Guide, odometer disclosure) and your state title paperwork.
Stop filling out the PS2017 by hand.
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