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Revised Statues - Chapter 60 Motor Vehicles


60-1417.01: Auction; buyer's information form; contents; auction dealer; sale on consignment; title; exception.
Any prospective seller of a used motor vehicle or trailer at auction shall complete a buyer's information form approved by the board. The form shall include

(1) the make,

(2) the model,

(3) the year,

(4) the actual mileage if known, except for trailers,

(5) the vehicle identification number,

(6) the name and address of the present owner of the vehicle or trailer,

(7) the name and address of the previous owner,

(8) the name and address of the person offering the vehicle for sale if such person is an employee or agent of the present owner,

(9) the name and address of the person who has physical possession of the certificate of title,

(10) a statement as to whether the title is available for inspection and transfer immediately upon the sale of the motor vehicle or trailer, and

(11) whether the unit is subject to any kind of ride-and-drive provisions and can or cannot be rejected and returned for refund within a specific period. The buyer's information form shall be in duplicate and signed by the seller or the seller's agent and the auction dealer. One copy of the form shall be retained by the seller, and one copy of the form shall be retained and maintained as a record by the auction dealer for a period of two years from the date offered for sale. The auction dealer shall be responsible for insuring that a form containing the information required in subdivisions

(1) through

(5),

(10), and

(11) of this section and the name of the state of origin of the current title is prominently displayed on a window on the driver's side of the vehicle or on the trailer at the time a vehicle or trailer is displayed and being offered for sale at auction. When any dealer, except an auction dealer selling at auction, sells any unit on consignment, he or she shall take title to such unit in his or her own name, except that any dealer or other person, other than the owner of a used mobile home, selling a used mobile home shall not be required to take title but shall complete a buyer's information form approved by the board. The seller of the used mobile home shall be responsible for insuring that a copy of the form is delivered to the buyer prior to closing the sale of the used mobile home. The form shall include the (a) name and address of the record owner of the mobile home, (b) model, (c) year, and (d) serial number.



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