Pub. 22 2023 Issue 1

NUMBER FORM NAME LEGAL BASIS STATE FORMS cont. NJOSS14 Application for Certificate of Ownership The New Jersey Motor Vehicle Commission (NJMVC) requires this form for passenger-use vehicles that are being titled from a Manufacturer’s Certificate of Origin (MCO), including commercial vehicles registered as Code 15. The form determines the applicability of the Luxury Fuel Inefficient Surcharge (LFIS). NRFS-1 Not Ready for Sale Decal All vehicles that are on a dealer’s lot that are not for sale must have a sign stating that the vehicle is not for sale. ROFNJ2020 Retail Order Form – New Car The Retail Order Form discloses all aspects of the transaction to the customer and includes required legal notices to protect both the customer and the dealer. ROFNJ3000 Retail Order Form – Used Car The Retail Order Form discloses all aspects of the transaction to the customer and includes required legal notices to protect both the customer and the dealer. TTP Temp Tag Paper New Jersey requires Temp Tags to be printed on a specific stock of paper. RECOMMENDED FORMS FOR YOUR DEALERSHIP’S PROTECTION 124 Employment Application An employment application is an important part of the hiring process. Employers cannot ask applicants for impermissible information. The New Jersey Law Against Discrimination (LAD) and federal law prohibit any pre-employment questions that illicit protected characteristics. 168 Customer Trade-In Disclosure This form helps to protect the dealership by having the customer declare and acknowledge certain statements concerning the vehicle. 444 Prior Use Disclosure New Jersey regulations require dealers to disclose all possible prior uses of a vehicle, including use as a company Vehicle/Factory Executive Vehicle (ex. Demonstration and Loaner vehicles), Program Vehicle/Factory Repurchase Vehicle, Rental Vehicle/Off Lease Vehicle, and Wholesale Vehicle. 501 Vehicle History Report This form discloses that the dealership is providing a vehicle history report (i.e., Carfax) produced by a third party and that the report is not prepared by the dealership nor endorsed, warranted, or guaranteed by the dealership. 505 Prior Use/Damage Disclosure The Prior Use and Damage Disclosure Acknowledgement form is primarily used to disclose prior uses of a vehicle and damages that have been repaired on a vehicle. It can also be used to disclose any other items that a dealer believes that a customer should or would want to know when buying a vehicle. 510 Trade Vehicle Owner Statement This form protects the dealership in a transaction involving a traded vehicle by having the customer acknowledge that they are the legal owners of the vehicle, that a Certificate of Title has been issued in their name, and that all liens, encumbrances, judgments, orders, levies affecting title has been disclosed along with any prior damage. 515 Finance Contingency Agreement This agreement protects the dealership in the situation where a customer is allowed to take a vehicle pending approval by a lender. It spells out the finance contingency and the terms and conditions in the event of cancellation. 570 Recall Disclosure Acknowledgement During the sale of a used vehicle, this form is used to disclose the presence or absence of any open recalls by having the customer acknowledge receipt of screenshots from applicable websites. 601 Open Safety Recall Notice This form operates as an open safety recall disclosure and acknowledgment for an open recall for a vehicle’s front airbags. The customer also releases the dealership of any liability and waives any claim relating to the open recall. 668 Affidavit of Ownership This form protects the dealership in a transaction involving a traded vehicle by having the customer acknowledge that they are the legal owners of the vehicle, that a Certificate of Title has been issued in their name, and that all liens, encumbrances, judgments, orders, levies affecting title has been disclosed along with any prior damage. This form is notarized. EMCOAG Employee Confidentiality Agreement This form protects the dealership at the end of employment by restricting the use of confidential information and preventing proprietary information from being taken to another dealership. EMVF Estimate of Motor Vehicle Fees The New Jersey Attorney General has interpreted the general provisions of the Consumer Fraud Act (CFA) as requiring that any charge labeled as a “motor vehicle” fee (or similar wording) must be in the exact amount charged by the NJMVC. This form provides customers with a good-faith estimate of motor vehicle fees as of the date of the transaction. continued from page 36 38 new jersey auto retailer

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