Rules & Regulations of the State of Tennessee
Title 0960 - Motor Vehicle Commission
Chapter 0960-01 - General Rules
Section 0960-01-.29 - DISCLOSURE OF REBUILT OR SALVAGE MOTOR VEHICLES
Current through September 24, 2024
(1) The motor vehicle dealer or salesperson who knows that a motor vehicle has a salvage history, or that a motor vehicle's title was previously branded as rebuilt or salvage, shall disclose, acknowledged in writing by the purchaser prior to the consummation of the sale, that the motor vehicle has a rebuilt title, salvage title, or salvage history.
(2) The disclosure in writing as required by subsection (a) shall be completed on a form prescribed by the Commission which states the following:
NOTICE
DISCLOSURE OF REBUILT OR SALVAGE VEHICLE
Pursuant to Tenn. Comp. R. & Regs. 0960-01-.29, the following disclosure is required prior to the sale of any vehicle with a rebuilt title, salvage title, or salvage history along with the signature of the purchaser acknowledging such disclosure.
The motor vehicle you are purchasing has a rebuilt title, salvage title, or salvage history. The value of this vehicle may be significantly less than a similar vehicle that is not branded with a rebuilt title, salvage title, or does not have a salvage history.
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(Purchaser's Printed Name) _____________________________________ (Purchaser's Signature) _________________________________________ (Date) ____________ (Dealer or Authorized Representative's Printed Name) __________________________________ (Dealer or Authorized Representative's Signature) _______________________________ (Dealer's Business Name and License Number) _______________ Year ________ Make _______________ Model _________________ VIN ________________ ____________________________________________________________________________________ |
"Rebuilt title" means the passenger motor vehicle ownership document issued by any state to the owner of a rebuilt vehicle. Ownership of the passenger motor vehicle may be transferred on a rebuilt title, and a passenger motor vehicle for which a rebuilt title has been issued may be registered for use on the roads and highways. A rebuilt title shall be conspicuously labeled with the words "Rebuilt Vehicle--Anti-Theft Inspections Passed" across the front (T.C.A. § 55-3-211(6)).
"Salvage title" means a passenger motor vehicle ownership document issued by any state to the owner of a salvage vehicle. Ownership of the passenger motor vehicle may be transferred on a salvage title; however, a passenger motor vehicle for which a salvage title has been issued shall not be registered for use on the roads or highways unless it has been issued a rebuilt title. A salvage title shall be conspicuously labeled with the word "Salvage" across the front (T.C.A. § 55-3-211(8)).
"Salvage history" means:
(3) For purposes of this rule, "salvage history" means:
(4) If a motor vehicle is sold through an electronic automobile auction or through an online transaction, then the motor vehicle dealer shall electronically send the purchaser the following notice prior to the consummation of the sale:
NOTICE
DISCLOSURE OF REBUILT OR SALVAGE VEHICLE
Pursuant to Tenn. Comp. R. & Regs. 0960-01-.29, the following disclosure is required with respect to the sale of any vehicle with a rebuilt title, salvage title, or salvage history:
The motor vehicle you are purchasing has a rebuilt title, salvage title, or salvage history. The value of this vehicle may be significantly less than a similar vehicle that is not branded with a rebuilt title, salvage title, or does not have a salvage history.
(5) Compliance with subparagraphs (1)-(4) may not be waived by the purchaser.
Authority: T.C.A. §§ 55-17-101, 55-17-107, and 55-17-114.
