CA DMV
VIRP Manual
Executive Summary
California DMV VIRP section 2.020 (Consignments (VC §266)) covers a consignment is an arrangement under which a dealer agrees to accept possession of a vehicle of a type required to be registered under the Vehicle Code from. Consignment does not include wholesale vehicle sales at a licensed auto auction. “Owner” does not include any person licensed as a dealer, manufacturer,…. Part of General Information – Licensees. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.
Key Takeaways
- A consignment is an arrangement under which a dealer agrees to accept possession of a vehicle of a type required to be registered under the Vehicle Code from….
- Consignment does not include wholesale vehicle sales at a licensed auto auction. “Owner” does not include any person licensed as a dealer, manufacturer,….
- Consignment Agreements Required (VC §11729)Dealers must execute a consignment agreement containing all of the terms, phrases, conditions, and disclosures as….
- Failure to comply with the terms of the agreement or to pay the agreed amount to the consignor (or designee) within 20 days after the date of sale is cause for….
- Report of Sale RequiredThe selling dealer must complete a Report of Sale–Used Vehicle (REG 51) and the transfer documents as usual when the vehicle is sold.
Important Facts
- Manual section
- 2.020
- Chapter
- General Information – Licensees
- Manual text
- Verbatim DMV VIRP source below the overview