New MVA regulations for Maryland dealers now in effect
Maryland Motor Vehicle Administration has clarified several regulations on the licensing of dealers and salespeople that took effect March 13. Some notable changes are these:
« Vehicle damage disclosure from a dealer to a consumer is required if a vehicle is damaged and needs repairs totaling more than 3 percent of MSRP while under control of the dealer and is then offered for sale or sold.
« The valid time for a dealerês license has been expanded to three years.
« Every dealer licensed after September 30, 2017, must have a continuing contract with a firm that provides electronic registration and titling services to the dealership.
« Requirements for dealer license records requirements were updated to allow for electronic storage.
« Policies on temporary tags were clarified: A dealer can electronically request a temporary 60-day registration permit. A dealer can issue a temporary 60-day registration permit to the buyers of vehicles who have current registration plates issued to another vehicle.
« Provisions on salesperson licensing and criminal background checks were updated. An applicant for a sales rep license must give the MVA an official copy of his/her criminal history record, dated within 30 days of the submission date.
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