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LOUISIANA USED MOTOR VEHICLE COMMISSION 3132 Valley Creek Drive Baton Rouge, Louisiana 70808 MAIN# (225) 925-3870 FAX # (225) 925-3869 www.lumvc.louisiana.gov USED DEALER LICENSE REQUIREMENTS INITIAL

How to fill out lumvc form

How to Fill Out Used Car Commission:

1. Begin by obtaining a used car commission form from the appropriate authorities or organization that requires it. This form is typically available online or at local government offices related to the sale and transfer of vehicles.
2. Gather all necessary information and documentation to complete the form accurately. This may include details such as the vehicle's make, model, year, VIN (Vehicle Identification Number), mileage, and any relevant history or condition reports.
3. Provide the required personal information, such as the buyer's and seller's names, addresses, contact information, and identification numbers (e.g., driver's license or social security number).
4. Fill in the purchase details, including the sale price, payment method, and any additional terms or conditions of the sale.
5. If applicable, indicate any financing arrangements or liens on the vehicle by including the lender's information and loan details on the form.
6. In the appropriate sections, record the odometer reading at the time of sale, as well as any specific disclosures regarding the accuracy of the mileage or any known issues with the odometer.
7. Ensure that both the buyer and seller review and sign the used car commission form. This demonstrates agreement to the terms, conditions, and accuracy of the information provided.
8. Keep a copy of the completed form for your records and provide copies to the buyer and any relevant authorities as required by local regulations.

Who Needs Used Car Commission:

1. Individuals or businesses involved in buying or selling used cars often require a used car commission. This includes private sellers, dealerships, auction houses, and even individual buyers in certain jurisdictions.
2. Government agencies or departments responsible for overseeing the registration, taxation, or regulation of vehicle sales and transfers may require a used car commission as part of their documentation process.
3. Financial institutions or lenders involved in financing used car purchases may request a copy of the used car commission to confirm ownership and vehicle details for loan purposes.

Overall, anyone involved in a used car transaction should familiarize themselves with the local regulations and requirements regarding the need for a used car commission and ensure its completion accurately to avoid any potential legal or administrative complications.

For pdfFiller’s FAQs

What is used car commission?

Used car commission is a fee charged by car dealers for facilitating the sale of a used car.

Who is required to file used car commission?

Car dealers are required to file used car commission.

How to fill out used car commission?

You can fill out used car commission by providing details of the sale transaction including buyer and seller information, sale price, commission amount, and any other relevant information.

What is the purpose of used car commission?

The purpose of used car commission is to document and regulate the fees charged by car dealers for selling used cars.

What information must be reported on used car commission?

Information such as buyer and seller details, sale price, commission amount, and any other relevant information must be reported on used car commission.

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