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Terms in this set (101)
What is the penalty for violating the 1. a $1000 civil penalty
disclosure provisions of the Virginia 2. the customer may return the vehicle
Dealer Licensing Act's "As Is" law?
Vehicles can be sold in Virginia "As Is" 1. A buyers guide is completely filled out, signed, and
if: dated by the buyer
2. the dealer provides the buyer, prior to the sale, a
separate written disclosure as to the effect of an "As
Is" sale
3. a disclosure is printed on the front of the buyers
order
A vehicle must be inspected: Between the time it comes into a dealer's inventory
and the time it is sold at retails
If a vehicle does not pass inspection: 1. the dealer may bring it up to compliance
2. the dealer may deliver the vehicle with a valid
rejection sticker and a written disclosure, which may
be in the form of an official inspection receipt
A dealer licensed as a franchise or License issued by MVDB
independent dealer may buy and sell
motorcycles, trailers and motor homes
if they have the proper:
, A second set of temporary tags may 1. the title is not available at the end of the first 30-
be issued to a customer if: day period
2. the vehicle is to be titled and registered out of
state
3. all paperwork is submitted to DMV along with an
explanation as to why a second set needs to be
issued
4. all required fees are submitted to the DMV before
authorization of temporary tags may be issued
When issuing temporary license May not charge the customer more than the fee
plates, the dealer: charged the dealer for the plates.
Temporary transport plates may be 5 days
issued for no more than:
A salesperson's "certificate of Must be obtained before applying for a salesperson's
qualification": license
Penalties for violating provisions of 1. A civil penalty of not more than $1000 per violation
the statutes pertaining to motor 2. suspension of your he license
vehicle salespersons include: 3. revocation of the license
A new motor vehicle is defined as one 1. has not been previously titled
which: 2. has less than 7,500 miles on the odometer with a
disclosure
Any person who is licensed in another Certificate of registration
state of the United States as a motor
vehicle dealer may sell vehicles at
Dealer Only wholesale auditions in
Virginia only after obtaining a:
The following must be licensed to 1. Motor Vehicle Dealer
engage i. business in Virginia: 2. Motor Vehicle Distributor or Manufacturer
3. Motor Vehicle Salesperson