What is the penalty for violating the disclosure provisions of the virginia dealer licensing act's "as is"
law? - -a 1000 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 sale, a separate written disclosure as to effect of an "as is" sale
A vehicle must be inspected: - Between the time it comes into a dealer inventory and the time it is sold
to retail
If a vehicle does not pass inspection: - -the dealer may bring it to 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 MVDB
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 dmv
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: - Five days
, Temporary transport plates may be used to: - Transport vehicles from auction or other points of
purchase or sale
A salesperson "certificate of qualification": - Must be obtained before applying for a sales persons
license
Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include: - -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 - -has not been previously titled
-has less than 7500 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
-motor vehicle distributor or manufacturer
-motor vehicle salesperson
No salesperson shall be employed by more than one dealer unless the dealerships are owned by the
same person partnership or corporation - True
Each dealership must post a list of salespersons that work there - True
Salespersons must carry their license at all times and show it when asked - True
Temporary certificates of ownership issued by dealers must contain - -date of issuance
-name and addresses of purchaser
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