Please note the following updates to the Minnesota LAW F&I Library®:
Conditional Delivery Agreement - Purchase (New form name)
The new form number is LDJ-0303P(2P)24. It replaces the LDJ-0303P(2P)19. The new form includes, among others, the following updates:
Conditional Delivery Agreement - Lease (New form name)
The new form number is LDJ-0303L(2P)24. It replaces the LDJ-0303L(2P)19. The new form includes, among others, the following updates:
Lien Payoff Authorization & Release
The new form number is PAYOFF-RELEASE24. It replaces the PAYOFF-RELEASE19. The new form includes, among others, the following updates:
-
New template with a 6/24 revision date
-
Expanded scope of form to include both trade-in transactions and dealer purchase transactions
-
Provides a description of the lien payoff process and the owner's financial responsibility
Arbitration Agreement
The LAW-ARB4P8/22 form has been approved for use in Minnesota.
We Owe You Owe
This document, form number SA-1506YO, has been added to the F&I Library.
Dealers will need to consult with their DMS provider regarding reprogramming requirements for new or updated documents.
You can place orders for the most recent version of any LAW document through our online portal ReySource, by contacting your Document Services Consultant, or calling 1.800.344.0996.