Question 1

What is the penalty for violating the disclosure provisions of the Virginia Dealer Licensing Act's "As Is"
law?

Accepted Answer

A $1,000 civil penalty.
The customer may return the vehicle.

Question 2

Vehicles can be sold in Virginia "As Is" if:

Accepted Answer

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.

Question 3

A vehicle must be inspected:

Accepted Answer

Between the time it comes into a dealer's inventory and the time it is sold at retail

Question 4

If a vehicle does not pass inspection:

Accepted Answer

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.

Question 5

A dealer licensed as a franchise or independent dealer may buy and sell motorcycles, trailers and
motor homes if they have the proper:

Accepted Answer

License issued by MVDB.

Question 6

A second set of temporary tags may be issued to a customer if:

Accepted Answer

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.

Question 7

When issuing temporary license plates, the dealer:

Accepted Answer

May not charge the customer more than the fee charged the dealer for the plates

Question 8

Temporary transport plates may be issued for no more than:

Accepted Answer

5 days.

Question 9

Temporary transport plates may be used to:

Accepted Answer

Transport vehicles from auctions or other points of purchase or sale

Question 10

A salesperson's "certificate of qualification":

Accepted Answer

Must be obtained before applying for a salesperson's license

Question 11

Penalties for violating provisions of the statutes pertaining to motor vehicle salespersons include:

Accepted Answer

A civil penalty of not more than $1,000 per violation.
Suspension of the license.
Revocation of the license

Question 12

A new motor vehicle is defined as one which:

Accepted Answer

Has not been previously titled.
Has less than 7,500 miles on the odometer with a disclosure.

Question 13

Any person who is licensed in another state of the United States as a motor vehicle dealer may sell vehicles at Dealer Only wholesale auctions in Virginia only after obtaining a:

Accepted Answer

Certificate of registration.

Question 14

The following must be licensed to engage in business in Virginia:

Accepted Answer

Motor Vehicle Dealer.
Motor Vehicle Distributor or Manufacturer.
Motor Vehicle Salesperson.

Question 15

No salesperson shall be employed by more than one dealer, unless the dealerships are owned by the
same person, partnership or corporation.

Accepted Answer

TRUE

Question 16

Each dealership must post a list of the salespersons that work there

Accepted Answer

TRUE

Question 17

Salespersons must carry their license at all times and show it when asked.

Accepted Answer

TRUE

Question 18

Temporary certificates of registration issued by dealers must contain

Accepted Answer

Date of issuance.
Name and address of purchaser.
The temporary plate number and vehicle identification number.

Question 19

If you do not renew your salesperson's license by the expiration date:

Accepted Answer

You cannot sell motor vehicles until a current and valid salesperson license is obtained

Question	Answer
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 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.
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 with a disclosure.
Any person who is licensed in another state of the United States as a motor vehicle dealer may sell vehicles at Dealer Only 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 the salespersons that work there	TRUE
Salespersons must carry their license at all times and show it when asked.	TRUE
Temporary certificates of registration issued by dealers must contain	Date of issuance. Name and address of purchaser. The temporary plate number and vehicle identification number.
If you do not renew your salesperson's license by the expiration date:	You cannot sell motor vehicles until a current and valid salesperson license is obtained

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