Virginia Dealer Manual - Virginia Department of Motor Vehicles
Virginia Dealer Manual - Virginia Department of Motor Vehicles
Virginia Dealer Manual - Virginia Department of Motor Vehicles
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<strong>Virginia</strong> <strong>Dealer</strong>’s <strong>Manual</strong><br />
October 1, 2009<br />
7.3.6 <strong>Dealer</strong> Responsibility for Uninsured <strong>Motor</strong> Vehicle Fee<br />
If you issue a temporary registration receipt for an uninsured vehicle and are required to<br />
collect a UMV fee, you are held responsible to DMV for the amount <strong>of</strong> the uninsured<br />
motor vehicle fee. If you do not collect the fee on the day the temporary registration<br />
receipt is issued, or if you collect the fee, but later lose or misplace it, you will be<br />
required to pay the applicable fee to DMV before DMV will process the title and license<br />
transactions for your customer.<br />
7.4 DLR 715-WHAT TO DO IF A SALES CONTRACT IS CANCELLED<br />
7.4.1 Cancellation After Customer Takes Possession <strong>of</strong> Vehicle<br />
7.4.1.1 Requirements Concerning DMV Fees & Forms For DMV Licensed <strong>Dealer</strong>s<br />
If a sales contract between you and your customer is canceled and your customer actually<br />
took possession <strong>of</strong> the vehicle before cancellation <strong>of</strong> the contract, you cannot refund any<br />
<strong>of</strong> the following fees:<br />
a. Title Fee<br />
b. License Fee (either transfer or original purchase)<br />
c. SUT<br />
d. UMV Fee<br />
Even if funds are still being held at your dealership, they are legally due DMV and you<br />
must submit them. You should:<br />
e. Complete all DMV required forms relating to the sale including title application<br />
and license application.<br />
f. Submit to DMV all completed forms, title fee, license fee, sales and use tax, and<br />
the uninsured motor vehicle fee. (if any).<br />
If you issued temporary plates to the customer you must:<br />
g. Void all copies <strong>of</strong> the VSA-01, “Temporary Certificate <strong>of</strong> Registration.<br />
h. Void the customer’s temporary plates (whether issued by PoD or not).<br />
i. Retain the dealer’s copy <strong>of</strong> the VSA-01, on file at your dealership.<br />
7.4.1.2 How Your Customer May Get a Refund <strong>of</strong> DMV Fees<br />
In order for your customer to get a refund on registration DMV fees because <strong>of</strong> the<br />
cancellation (or rescission) <strong>of</strong> the sales contract, the following steps should be taken:<br />
- 80 - <strong>Virginia</strong> <strong>Department</strong> <strong>of</strong> <strong>Motor</strong> <strong>Vehicles</strong>