NAC482.2695. Procedure for use of form.


Latest version.
  •      1. If a dealer uses a dealer reassignment of title form to transfer the ownership of a vehicle, the dealer shall, before submitting documentation concerning the transaction to the Department:

         (a) Write the number of the dealer reassignment of title form in the upper right corner of the reverse side of the certificate of ownership for the vehicle;

         (b) Attach the dealer reassignment of title form to the certificate of ownership;

         (c) Strike through any spaces on the reverse side of the certificate of ownership that remain unfilled; and

         (d) If the buyer is not a dealer, provide the buyer with an opportunity to examine:

              (1) The certificate of ownership or a photocopy of the certificate of ownership; and

              (2) Any power of attorney for the purpose of mileage disclosure that was given to the dealer in connection with his or her acquisition of the vehicle.

         2. As used in this section:

         (a) “Buyer” means any person:

              (1) To whom ownership of a vehicle is transferred by purchase, gift or any means other than the creation of a security interest; or

              (2) Who signs an odometer disclosure statement as an agent for a buyer.

         (b) “Power of attorney for the purpose of mileage disclosure” means the form described in 49 C.F.R. § 580.13.

     (Added to NAC by Dep’t of Motor Veh. by R084-02, eff. 9-11-2002)