N.J. Admin. Code § 13:21-15.6 - Transfer of ownership without title; presentation or reassignment of altered title documents; suspension; period of suspension; refusal to renew license
(a) No licensee, nor any
person on his or her behalf, shall present to the Commission or reassign to a subsequent purchaser a motor vehicle title issued by this or any other
state, province, or jurisdiction or any other title document that contains any erasure, obliteration, correction, or any other alteration where said
alteration was reasonably detectable by a person of ordinary intelligence from a routine review of the motor vehicle title or any other title
document.
(b) Except as provided in (c) below, no licensee, nor any person on his or her behalf, shall
buy, sell, or deal in any motor vehicle unaccompanied by, or in the absence of, a valid title at the time of the transaction, except as provided
pursuant to N.J.S.A. 39:10-6,
39:10-9,
39:10A-15, and
N.J.S.A. 39:4-56.5.
(c) No leasing dealer shall retain title papers of a vehicle sold at the termination of a lease for a period of
more than 48 hours.
(d) The license of a person who violates (a) or (b) above may be suspended for the
periods set forth in (e) below, pursuant to the provisions set forth in N.J.S.A. 39:10-20.
(e) For the purpose of suspending a
dealer's license pursuant to (b) above, each document presented or reassigned shall constitute a separate violation. For a first violation, the
dealer's license may be suspended for a period less than the unexpired period of the license or 15 days, whichever period is shorter. For subsequent
violations, the dealer's license shall be suspended for a period of not less than 15 days or more than 90 days.
(f) The Chief Administrator may revoke or refuse to renew a license where the applicant has had two or more
violations of (a) and/or (b) above, which violations resulted in a suspension pursuant to (d) above.
Notes
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