Dealer Training BY: MELISSA HARRISON 3/2016. What do I need? Pin number for the dealership (this authorizes whomever has the pin) HSMV 82040 Proof of.

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Presentation transcript:

Dealer Training BY: MELISSA HARRISON 3/2016

What do I need? Pin number for the dealership (this authorizes whomever has the pin) HSMV Proof of Florida Insurance ( MUST have the 5 digit Florida code ) License Plate number to transfer if applicable If a fast title is requested it must be written on the application and the agent from the dealership must be authorized to receive fast titles

Florida Certificate of Title Vehicle Information (Year, Make, VIN, Title number, and Body Type Seller(s) Name and Address Odometer Status, Reading and Date Read, Date of Issue Lien Status

Florida Certificate of Title (transfer of title section) Enter the Purchaser’s Name and Address Enter the Date the vehicle was sold Enter the Odometer Reading, Status, and date read Seller and Purchaser must sign and print their name

Florida Certificate of Title (back) Each applicable re-assignment must be complete and accurate.

Dealer Re-assignments Be sure to read all out of state titles carefully. As a Florida dealer you must use any open re- assignments available on the title regardless of the out of state dealer using a separate re- assignment. The same rule applies for Florida titles. If there are any open re-assignments on the back of the title, the Florida dealer must use them and cannot use an Be sure to use the re- assignment section. Some out of state titles have applications on the back. These are not re-assignments and cannot be used as such.

HSMV Dealer Reassignment HSMV Secure Power of Attorney Note: These are secure forms and are not available for online print.

HSMV Secure Power of Attorney Note: Federal and state laws prohibit an individual appointed as an attorney-in-fact from completing an odometer disclosure when acting as both transferor (seller) and transferee (buyer). However, a licensed dealer/business may be entitled to use form HSMV 82995, Motor Vehicle Power of Attorney/Odometer Disclosure, when one of the following applies: The certificate of title is being held electronically The certificate of title is physically being held by the lienholder The certificate of title is lost  Note: The date on part C must be on or after the date the title became available.

HSMV Non Secure Power of Attorney (3 rd party) Name of Appointed person not dealership name Helpful Hints If declaring an odometer reading, a 3 rd party not affiliated with the dealership must be appointed. Never submit POA’s with the appointed name blank. The full name of the appointed party must be listed. This form must be complete with no errors or omissions. This form cannot be used to sign as buyer and seller when declaring an odometer reading.

HSMV front and back Helpful Hints: Section 1 If the box is not checked for the title to be printed, it will remain electronic. Section 2 If you do not fill in a license plate number, we will issue a new plate. If this is a truck weighing over 5,000 you must fill in the GVW the customer is declaring. Section 4 If there is a lienholder, this entire section must be complete. Section 8 This section should be complete and signed if the title being transferred is not a Florida title. Section 9 If there is an even trade or a trade down this section should be complete (the trade must also be listed in section 7). Section 12 We need original signatures from all applicants, or by POA if applicable.

Identification and Signature Requirements  All applicants must sign form HSMV If the applicant’s proof of identification is something other than a Florida driver license or ID card, the dealer must submit a copy of this proof with the application. Acceptable forms of identification are:  A valid out of state driver license or ID card  A valid passport  A valid Canadian driver license, ID card, or passport  A valid driver license or ID from any US Territory  If the applicant is a business, you must provide documentation to prove the validity of the business and that the person signing the application is authorized to do so. A few examples are:  A print out from sunbiz.org showing the business is active.  Fictitious name documents  Incorporation papers  County or city business license

Odometer  Common Odometer Errors  Omission- Any part of the odometer disclosure that is incomplete  Alteration- A strike over, erasure, ink over, white out, or any other method of change to an odometer disclosure  Discrepancy- An odometer reading or date appearing on any document submitted that is lower or precedes a previously recorded amount or date  Transactions that require Odometer Disclosures  New car-original  Used car original  Transfer  Vehicles that may be EXEMPT from Odometer Disclosures  10 calendar years or older  Heavy trucks declaring gross vehicle weight of 16,000 lbs or more  New motor vehicles, covered by an MCO, transferred between dealers Note: when the vehicle is transferred to an individual, an odometer disclosure will be required

Insurance All forms of acceptable insurance must include the Florida 5 digit company code or the NAIC code. Acceptable Proof of Insurance Florida Automobile Insurance Identification Card Florida Insurance Policy or Certificate Insurance Binder HSMV (Florida Insurance Affidavit) Note: Trucks declaring a GVW (gross vehicle weight) over 26,001 lbs must submit a certificate of liability as proof of insurance. The certificate must include PIP in the amount of $10,000

Most Common ErrorsCorrection Missing odometer reading or date read HSMV 82993/HSMV Odometer reading discrepancy or mark over HSMV 82993/HSMV and original letterhead affidavit Incorrect name or any other information not related to odometer Original affidavit Incorrect license plate numberOriginal affidavit Unfortunately there are times when we will need to send back your work. We will always provide a checklist of what is needed to correct the errors. This send back checklist MUST be returned when re-submitting the work to be processed.

Dealer Checklist If we need to send back your work for any reason we will provide a checklist of what is needed to correct the problem. This checklist MUST be attached when the title work is returned for processing.

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