Quiz #17 – Handling, Completion, and Disposition of Departmental Forms

Hint

A “Report of Sale — Used Vehicle” (DMV form REG 51) must be completed when you sell a vehicle to a Consumer and

• Attach* the bottom tear-off section (bottom 1/3rd) of the Report of Sale to the sold vehicle before delivery of the vehicle to the Buyer
• Submit the main (upper) portion of the REG 51 with other title transfer documents

*Choose an area that won’t block the driver’s vision such as the lower, passenger side of the windshield.

Hint

The California Code of Regulations (CCR) Title 13 §§272.00 requires Dealers to:

• Maintain the records vehicle transaction for 18 months at the principal place of business or branch location
• Create an electronic copy of the original record (provided the electronic copy meets specified requirements)
• After 18 months, use an offsite storage facility within the state or third party vendor to maintain records
• Retain all business records relating to vehicle transactions for not less than three years