What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is"
law? - A $1,000 civil penalty
The customer may return the vehicle
Vehicles can be sold in Virginia "As Is" if: - 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: - 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: - 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: - License issued by DMV.
A second set of temporary tags may be issued to a customer if: - 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.
When issuing temporary license plates, the dealer: - 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: - 5 days.
Temporary transport plates may be used to: - Transport vehicles from auctions or other points of
purchase or sale.
A salesperson's "certificate of qualification": - Must be obtained before applying for a salesperson's
license.
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include: - A
civil penalty of not more than $1,000 per violation.
Suspension of the license.
Revocation of the license.
A new motor vehicle is defined as one which: - Has not been previously titled.
Has less than 7,500 miles on the odometer.
Any person who is licensed in another state of the United States as a motor vehicle dealer may sell
vehicles at wholesale auctions in Virginia only after obtaining a: - Certificate of registration.
The following must be licensed to engage in business in Virginia: - Motor Vehicle Dealer.
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