A transfer of a motor vehicle by a donor to a recipient without any consideration (money, goods, services, or assumption of debt) is eligible for an exemption from the sales/use tax.
The Gift exemption is not allowed if:
• There is a lien on the vehicle
• A vehicle is gifted to a company
• A vehicle is gifted from a company
Required documents for this exemption:
• A completed RMV-1 Form
• A completed Form MVU-24
A $25 processing/handling fee is charged for a Gift Exemption.