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Beginner Title Training Workshop ~ March 5, 2009

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Proof of Business Name: Requires Proof of Corp, Proof of Partnership or Proof of DBA-Easiest to get is Title or Registration in Business Name or use the list below.

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A sample of DMV acceptable common Body Types and colors – use the DMV terminology

PAS – Passenger Plate Class – Body Type:

2DSD – 2-Door, Coupe, 3-Door, Sedan, removable hardtop jeeps.

4DSD – 4- Door Sedan.

SUBN – Station Wagon, 4-Door or 5 Door Wagon, Passenger Van, SUV, MPV, Chevy Avalanche, Cadillac Escalade, Hummer H2

PICK – Passenger Plates on a Pick-Up.

CONV – All Convertibles.

COM – Commercial Plate Class – Body Type:

PICK – Pick-Up, Ford Explorer Sporttrac, Subaru Baja, Chevy SSR

VAN – Van with no seats behind the driver (Cargo, Moving).

UTIL – Utility vehicles, Truck-like body with no seats behind the driver, (SUV with rear seats permanently removed), Cab and chassis without body.

TRAILER AND RV – Plate Class – Body Type

HOU – H/TR; 5th wheel w/bath.

PAS – H/WH; Motor & bath.

PAS – SUBN; RV Conversion; No bath.

TRL – TRLR; Large Pop-up, Flatbed, Box Trailer, Car Hauler; no bath, soft walls, 1000 lbs. or more.

LTR – LTRL; Boat, Snowmobile, Wagon Trailer, Small Pop-up; 999 lbs. or less. New York Approved Color Codes:

If the vehicle is painted two shades of the same color edit as one color (GR).

If vehicle is painted two different colors edit as “Primary/Trim” color (BK/GY).

For variations in colors you may edit as light or dark (LT/BL).

BK=”BLACK” MR=”MAROON” WH=”WHITE”

BL=”BLUE” OR=”ORANGE” YW-“YELLOW”

BR=”BROWN” PK=”PINK” NOCL=”NO COLOR”

GL=”GOLD” PR=”PURPLE DK=”DARK”

GR=”GREEN” RD=”RED” LT=”LIGHT”

GY=”GRAY” TN=”TAN”

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NYS Insurance Identification Card must be obtained for the new vehicle prior to delivery, and effective date must be valid within 45 days of delivery.

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New Vehicle Manufacturer Certificate of Origin (MCO) • DO NOT complete Back for NYS Transactions. • Back of MCO is completed ONLY for Out-of-State sales as Dealer Trade or to a Purchaser.

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NYS Title is used at first retail sale and all subsequent sales. Complete Section I on back to transfer:

• All fields completed and all boxes checked, with seller and buyer signatures, • Must be 2 different people that sign. • The dealer cannot sign the back of a title with a Power of Attorney from individual. • If title in 2 names, only one seller signature is necessary.

NEVER complete Section II unless you are selling a boat or a manufactured home. This is also used for the transfer of ownership by an out-of-state dealer (he doesn’t have MV-50’s).

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MV-103 Odometer and Damage Disclosure Statement • Compete all information • Check all boxes • Customer and Dealer must sign

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Remove a Lien • MV-901 Completed or • Bank Letter on letterhead with original, facsimile or laser signature. • Lien Release Request Letter with Payoff of Trade-In Vehicle

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Add a Lien • MV-50 and MV-82 from dealer (Bank pays for lien $5 – Cannot be passed on to customer). • ELT Program: Bank adds the Lien through NYS ELT program (dealer does not file lien- no $5) • MV-900 Notice of Lien completed to add a lien after a vehicle has been registered. If title issued

send with application. Include $5 check for lien.

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MV-74 Certification of Emissions Compliance or Exemption • All vehicles 1996 and newer must have California Emissions • Out-of-State vehicles must comply or be exempt. NYS titled vehicles are approved, and MCO’s

are branded • Vehicles over 7500 miles are Exempt • Vehicles under 7500 miles must be checked for CA emissions by looking for Emission Sticker

under hood. • If they comply, it is noted on this completed form and attached to the title • If they do not comply – cannot run up miles. Must get rid of at auction or sell out-of-state

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Completed MV-50

Completed Temporary Certificate of Registration

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Completed MV-82 (Front) Completed MV-82 (Back)

Complete Max. Gross Weight for Commercial plates and for Passenger Plates on a Pickup

Complete Question 4 for Pickup trucks only. Passenger Plates on a pickup or did you issue commercial plates?

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MV-902 Duplicate Title application and Authorization to send title to dealer with 6 points of ID or Proof of Corp

SNYADS Fast Title Service: 2-3 day turnaround Faxed forms with credit card payment.

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• Mandatory Log of all Plates and Permits issued. • Keep up to date and available to police 24/7 • Completed Log must be kept on record for 5 years.

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New Plate Transaction - Issued by DMV or dealer in Plate Issuance Program • What do you need?

o MV-82 o MV-50 o MCO or Title (L-R) o NYS Insurance Card with ‘No Brand’ o Proof of ID (6 Pts) or Proof of Corp

MV-50TCR (optional with Plate Issuance or Online dealer) New Plates

Transfer Plate Transaction – Transfer of Current Plates for registrant to another vehicle

in the same Plate Class • What do you need?

o MV-82 o MV-50 o MCO or Title (L-R) o NYS Insurance Card with ‘Replacement Vehicle’ Brand (or No Brand) o Current Registration o Proof of ID (6 Pts) or Proof of Corp (current registration if transfer is acceptable)

MV-50TCR (optional with Online dealer) Change of Class Transaction – Transfer of Current Credit for registrant to another

vehicle in a different Plate class • What do you need?

o MV-82 (Note Old Plate for credit transferred PID: Note new plate issued and Old plate) o MV-50 (Note New plate issued or N/A) o MCO or Title (L-R) o NYS Insurance card with ‘Replacement Vehicle’ Brand (or No Brand) o Proof of ID (6 Pts) or Proof of Corp (current registration, if transfer credit is acceptable) o Old Registration and Old Plates, or FS-6T Credit Receipt for plate surrender

MV-50TCR (optional with plates issued by dealer) New Plates in the new Plate Class (credit given reflected on new registration with

same expiration date as old registration/credit slip Passenger Plates on a Pickup – Allowed for Pick-ups with unladen weight 5500 lbs or

less, for personal use and no advertising displayed on truck • What do you need?

o MV-82 (Complete MGW = unladen weight + l lb, Check question 4 in Section 6 on back) You can issue PAS plates, transfer PAS plates, or Change of Class using credit

o MV-50 o MCO or Title (L-R) o NYS Insurance Card with ‘Replacement Vehicle’ Brand if Transfer; No Brand if New Plates o Proof of ID (6 pts) – remember this is available for personal use only

MV-50TCR (optional with transfer plates, Plates issued by dealer for new plates or change of class

New Plates, if issued or Change of Class

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In General, Dealer Wholesale Transactions For Resale No sales tax due Get ST-120 Resale Certificate on File Cannot Register or Title a vehicle with Wholesale MV-50 Cannot file liens on Wholesale MV-50’s

Dealer Trade Transaction

Sale of new vehicles between dealers of same franchise MV-50 – enter N/A for plate, inspection and selling price, L-0 for Lien MCO – Out-of state trades only: Complete the back of the MCO dealer reassignment Bill of Sale Factory Invoice and owner Manuals Factory Inventory Transfer

Whole Sale/Auction Transaction

Sale of used vehicles between any new or used car dealers Wholesale are sold to a definite person/Auction are sold to the highest bidder. Wholesale sale or Auction Purchase paperwork includes MV-50 enter N/A Plate, Inspection and Selling Price, L-0 for Lien information Title (L-R) Bill of Sale

Auction Sale Paperwork

Selling a vehicle at auction requires preparing the paperwork without certain information MV-50: Enter N/A for Plate, Inspection and Selling Price. L-0 for Lien information The Auction will complete the Purchaser name and address, date of sale and odometer disclosure at the

time of sale. Auction Block Slip includes Bill of Sale with purchaser and seller information and Odometer Disclosure

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NYS Book of Registry: Dealers Legal Record of all inventory bought and sold. Must be kept 2 years after completion

• Chronological Order • All fields completed or enter N/A • If correction – use ‘1 line’ and write correct info • If whole section must be voided – write ‘void’ across all and re-enter in next available space and cross

reference, or re-enter on opposite page with all required information – Void original incorrect entry. • Sticker’s allowed if completed properly and stick permanently and cannot be easily removed.

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Sample Registration Processing Log (not mandatory with NY OLRS registration processing)

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Sample Dealer Plate Log – Proof Physical Inventory every 3-4 months.

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