CORRECT ANSWERS
What is the penalty for violating the disclosure provisions of the Virginia dealer
licensing act's "as is" law? - ANSWER A $1000 civil penalty.
The customer may return the vehicle.
Vehicles can be sold in Virginia "as is" if: - ANSWER A buyers guide is
completely filled out, signed, and dated by the buyer.
The dealer provides the buyer, prior to the sale, a separate written disclosure as
to the effect of an "as is" sale.
A disclosure is printed on the front of the buyers order.
A vehicle must be inspected: - ANSWER Between the time it comes into a
dealer's inventory and the time it is sold at retail.
If a vehicle does not pass inspection: - ANSWER The dealer may bring it into
compliance.
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 independent dealer may buy and sell
motorcycles, trailers and motor homes if they have the proper: - ANSWER
License issued by MVDB
A second set of temporary tags may be issued to a customer if: - ANSWER The
title is not available at the end of the first 30-day period.
, the vehicle is to be titled and registered out of state.
All paper work is submitted to DMV along with an explanation as to why a
second set needs to be issued.
All required fees are submitted to the Department of Motor Vehicles before
authorization of temporary tags may be issued.
When issuing temporary license plates, the dealer: - ANSWER May not charge
the customer more than the fee charged the dealer for the plates.
Temporary transport plates may be issued for no more than: - ANSWER 5
days.
Temporary transport plates may be used to: - ANSWER Transport vehicles
from auctions or other points of purchase or sale.
A salesperson's "certificate of qualifications": - ANSWER Must be obtained
before applying for a salesperson's license.
Penalties for violating provisions of the statutes pertaining to motor vehicle
salespersons include: - ANSWER A civil penalty of not more than $1000 per
violation.
Suspension of the license.
Revocation of the license.
A new motor vehicle is defined as one which: - ANSWER Has not been
previously titled
Has less than 7500 miles on the odometer with a disclosure
Any person who is licensed in another state of the United States as a motor
vehicle dealer may sell vehicles at Dealer Only wholesale auctions in Virginia
only after obtaining a: - ANSWER Certificate of registration