Virginia Dealer Manual - Virginia Department of Motor Vehicles
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Virginia Dealer Manual - Virginia Department of Motor Vehicles

Virginia Dealer Manual - Virginia Department of Motor Vehicles Virginia Dealer Manual - Virginia Department of Motor Vehicles

dmv.virginia.gov
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Virginia Dealer’s Manual October 1, 2009 VEHICLE OWNER OR DEALER After all liens against the title have been satisfied, the vehicle owner (or dealer) may apply to DMV for a substitute Certificate of Title showing no lien. The owner (or dealer) submits to DMV 1) the current Certificate of Title with the notation (s) of lien release 2) submits a VSA-66, “Application for Supplemental Lien, Transfer of Lien, Replacement Title Certificate or Substitute Title Certificate”, with payment of the $10.00 substitute title fee After processing the transaction, DMV will issue a substitute title to the vehicle owner showing no lien. 3.8 DLR 335-APPLYING TO TRANSFER LIEN ORIGINAL AND NEW LIENHOLDER The original and new lienholder jointly complete VSA-66, “Application for Supplemental Lien, Transfer of Lien, Replacement Title Certificate or Substitute Title Certificate” LIENHOLDER OWNER OR DEALER One of the lienholders, the owner or the dealer submits to DMV: 1) completed VSA-66 2) the current Certificate of Title 3) $10.00 substitute title fee After processing the transaction, DMV will issue a substitute title and mail it to the new lienholder. 3.9 DLR 340-OBTAINING A VEHICLE TITLE WHEN PREVIOUS TITLE IS NOT TRANSFERABLE 3.9.1 A Vehicle Sold by US Treasury Department or IRS You, as a dealer, may purchase a vehicle from the U.S. Treasury Department or the IRS. Or, you may have customer who has obtained such a vehicle, and wishes to sell or trade it to your dealership. In either case, the vehicle owner must obtain a valid Virginia title for the vehicle from DMV. VEHICLE OWNER OR DEALER: The owner of a vehicle sold by the Treasury Department or IRS submits to DMV the following a. a completed VSA-17, “Application For Certificate Of Title and Registration,” showing all pertinent lien information b. Treasury Department Documentation (IRS letter 1040) c. appropriate motor vehicle sales and use tax, title fee and registration fee if applicable (see special instruction for Emission Inspections Fee) see DLR 619 p. 1 (see Chapter 4 for information on fee calculation) - 45 - Virginia Department of Motor Vehicles

d. Certificate of Sales of Seized Property (IRS Form 2435) e. Odometer Disclosure Statement (VSA-5) Virginia Dealer’s Manual October 1, 2009 3.9.2 A Vehicle Seized & Sold by a Court a. The purchaser of a vehicle which was seized and DMV’s record is marked “SEIZED” and sold by a court under due process of law may obtain a valid title for the vehicle by submitting to DMV: 1) completed VSA-17A, “Application for Certificate of Title and Registration,” showing all pertinent lien information 2) copy of the court order authorizing the sale (Official Notification of Seized Release from the Locality or Out-of-State Locality) 3) bill of sale given by the court officer (sheriff in most cases) 4) appropriate motor vehicle sales and use tax and title fee (see Chapter 4 for information on fee calculation) 5) Odometer Disclosure Statement (VSA-5) b. If DMV record has not been marked “SEIZED”, DMV will not title the vehicle unless the seizing authority either titles the vehicle in their name or submits the “Report of Levied and Seized Vehicle” form (VSA-62) to DMV. 3.9.3 A Vehicle Awarded by a Court The owner of a vehicle which was awarded to him may obtain a valid title for the vehicle by submitting to DMV: a. completed VSA-17A “Application for Certificate of Title and Registration,” showing all pertinent lien information b. copy of the court order directing DMV to transfer ownership c. appropriate motor vehicle sales and use tax and title fee (see Chapter 4 for information on fee calculation) d. Odometer Disclosure Statement (VSA-5) 3.9.4 A Vehicle Purchased from Lienholder Under Provisions of Mechanics or Storage Lien (MSL) • Code of Virginia: §§ 43-32, 43-33, and 43-34 a. Under the Virginia laws which cover mechanic’s and storage liens, it is provided if a vehicle owner fails to pay a mechanic or garage owner just and reasonable charges for duly authorized repairs or storage of his vehicle, the mechanic or garage owner may legally sell the vehicle to pay his charges. When this course of action becomes necessary, the lienholder, (i.e., mechanic or garage owner) must comply fully with the requirements set forth in § 43-34 of the Code of Virginia. Under this section are the conditions under which the lienholder can enforce the lien and the steps he must follow to obtain the money due him. b. The purchaser of a vehicle sold by a lienholder under the provisions of a mechanic’s or storage lien may obtain a title in his name by submitting to DMV: - 46 - Virginia Department of Motor Vehicles

<strong>Virginia</strong> <strong>Dealer</strong>’s <strong>Manual</strong><br />

October 1, 2009<br />

VEHICLE OWNER OR DEALER<br />

After all liens against the title have been satisfied, the vehicle owner (or dealer) may<br />

apply to DMV for a substitute Certificate <strong>of</strong> Title showing no lien. The owner (or dealer)<br />

submits to DMV<br />

1) the current Certificate <strong>of</strong> Title with the notation (s) <strong>of</strong> lien release<br />

2) submits a VSA-66, “Application for Supplemental Lien, Transfer <strong>of</strong><br />

Lien, Replacement Title Certificate or Substitute Title Certificate”,<br />

with payment <strong>of</strong> the $10.00 substitute title fee<br />

After processing the transaction, DMV will issue a substitute title to the vehicle owner<br />

showing no lien.<br />

3.8 DLR 335-APPLYING TO TRANSFER LIEN<br />

ORIGINAL AND NEW LIENHOLDER<br />

The original and new lienholder jointly complete VSA-66, “Application for<br />

Supplemental Lien, Transfer <strong>of</strong> Lien, Replacement Title Certificate or Substitute Title<br />

Certificate”<br />

LIENHOLDER OWNER OR DEALER<br />

One <strong>of</strong> the lienholders, the owner or the dealer submits to DMV:<br />

1) completed VSA-66<br />

2) the current Certificate <strong>of</strong> Title<br />

3) $10.00 substitute title fee<br />

After processing the transaction, DMV will issue a substitute title and mail it to the new<br />

lienholder.<br />

3.9 DLR 340-OBTAINING A VEHICLE TITLE WHEN PREVIOUS TITLE IS<br />

NOT TRANSFERABLE<br />

3.9.1 A Vehicle Sold by US Treasury <strong>Department</strong> or IRS<br />

You, as a dealer, may purchase a vehicle from the U.S. Treasury <strong>Department</strong> or the IRS.<br />

Or, you may have customer who has obtained such a vehicle, and wishes to sell or trade it<br />

to your dealership. In either case, the vehicle owner must obtain a valid <strong>Virginia</strong> title for<br />

the vehicle from DMV.<br />

VEHICLE OWNER OR DEALER:<br />

The owner <strong>of</strong> a vehicle sold by the Treasury <strong>Department</strong> or IRS submits to DMV the<br />

following<br />

a. a completed VSA-17, “Application For Certificate Of Title and Registration,”<br />

showing all pertinent lien information<br />

b. Treasury <strong>Department</strong> Documentation (IRS letter 1040)<br />

c. appropriate motor vehicle sales and use tax, title fee and registration fee if<br />

applicable (see special instruction for Emission Inspections Fee) see DLR 619 p.<br />

1 (see Chapter 4 for information on fee calculation)<br />

- 45 - <strong>Virginia</strong> <strong>Department</strong> <strong>of</strong> <strong>Motor</strong> <strong>Vehicles</strong>

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