Section 18-509. TITLE REASSIGNMENT FORMS

 

509.1A new or used car dealer, which is registered under this chapter and in good standing, may request the Director to provide it with title reassignment forms.

 

509.2Any title reassignment forms issued shall be serially numbered and of a quantity to be determined by the Director. The Director may provide a dealer with additional reassignment sheets at the Director’s discretion.

 

509.3A dealer may not use title reassignment forms issued to another dealer.

 

509.4The dealer shall complete the first reassignment space of each title reassignment form.

 

509.5Except as provided in § 509.5, a dealer may not issue a title reassignment form unless all the reassignment spaces on the back of the certificate of title or certificate of origin and any accompanying reassignment sheets are filled in.

 

509.6A dealer shall use a title reassignment form if the certificate of title or certificate of origin were issued in another jurisdiction that does not permit an out-of-state dealer to reassign the title.

 

509.7A dealer may not complete a reassignment space on the back of the certificate of title or certificate of origin when a title reassignment form is attached.

 

509.8The dealer shall verify the vehicle’s identification number, year, make, model, the state in which the vehicle was last titled, and the title number and record that information on the title reassignment form.

 

509.9The dealer shall verify and completely fill the reassignment block with the buyer’s name and address, the seller’s name, the date of reassignment, the selling price, the odometer reading, and any applicable lien information.

 

509.10The dealer shall provide the buyer with the original title reassignment form.

 

509.11The dealer shall retain a copy of the title reassignment form for no less than two (2) years at the dealer’s principal place of business.

 

509.12Within twenty-four (24) hours after the reassignment of ownership, the dealer shall transmit electronically a digital certificate of ownership, including the following information:

 

(a)The buyer’s name, address, and driver’s license, learner’s permit, or identification card number;

 

(b)The state where the buyer’s license, permit or identification card was issued;

 

(c)The vehicle’s identification number; odometer reading; and purchase price; and

 

(d)The date of sale or reassignment.

 

509.13If a buyer fails to take possession of the vehicle or if an error is made during the reassignment process, the dealer shall write VOID across the applicable reassignment space, include a notarized letter stating the correction, and use the next available reassignment space. The notarized letter shall be part of the original reassignment form.

 

509.14If a title reassignment form is either lost or stolen, the dealer must provide a copy of the full police report or six-digit report number to the Director within 5 business days of the theft or loss.

 

509.15The Director may issue no more than two replacement title reassignment forms to the same dealer within a six-month period.

 

509.16If a title reassignment form is damaged, the dealer shall return all parts of the reassignment form to the Director within 5 business days.

 

509.17The dealer shall provide to the Director the dealer copy of the reassignment form upon the verbal or written request by the Director.

 

source

Final Rulemaking published at 54 DCR 1576 (Feb 16, 2007).