Virginia Dealer Manual - Virginia Department of Motor Vehicles

Virginia Dealer’s Manual
October 1, 2009
11) appropriate fees and taxes
12) Odometer Disclosure Statement (VSA-5) ONLY IF A NON-
CONFORMING TITLE (title has no place for odometer disclosure)
NOTES:
1. If applicant requests a Special plate, collect additional fee in addition to regular
registration fee.
2. If title is not in hand, submit all other paperwork, fees and taxes and request a
dealer hold. Deliver title to DMV as soon as possible as held titles do not print
nor do they update the National Motor Vehicle Titling Information System
(NMVTIS). It is the dealer’s responsibility to deliver the title to DMV.
3.2.3 When the Previous Owner Holds an Out-of State Title
a. PREVIOUS OWNER
If the previous owner of the vehicle holds a valid, transferable title issued by another
state, he completes the paperwork necessary for transfer of vehicle ownership as
directed by instructions on the title document or by laws of the issuing state. This
usually involves supplying required information including the odometer disclosure
certification, and signatures on the title form. He then gives the assigned title along
with any other paperwork, such as a lien release letter, to the dealer.
b. FIRST AND ALL OTHER DEALERS TO ASSUME OWNERSHIP
1) The first and each successive Virginia dealer to assume ownership of the
vehicle completes the valid, transferable out-of-state title with available space.
If an out-of-state dealer has used a foreign state’s supplemental reassignment
form, the Virginia dealer, when reassigning must continue on that form and
not add a Virginia Reassignment. If the last reassignment space has been
used, a Virginia dealer may complete one block of a VAD-20, “Reassignment
of Title by Virginia Motor Vehicle Dealer,” and give this form,
along with the title, to the dealer who has purchased the vehicle from him.
2) After maximum of four re-assignments, counting a combination of those
on the title and the in-state assignment forms, a dealer must obtain title in
the dealership’s name before he can sell the vehicle. All papers pertaining
to the reassignment of the title must be kept together and given to the next
purchaser.
c. DEALER WHO MAKES RETAIL SALE OF THE VEHICLE TO A
CUSTOMER
The dealer who sells the vehicle to a retail purchaser takes the following actions:
1) executes assignments and odometer disclosure certification on the previous
title
2) ensures that the purchaser completes and signs the VSA-17A, “Application
for Certificate of Title and Registration”
3) verifies that the lien information section of the VSA-17A has been completed
correctly
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