Massachusetts Dealer Reassignment Form Instructions
This document provides comprehensive instructions for the Massachusetts Dealer Reassignment of Title form (DRT-1). It explains the necessary steps for completing the form, including dealer information, plate number, signatures, and authorization for payoff.
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How do I fill this out?
To fill out this form, you'll need to gather specific information about the dealer and vehicle. Ensure that all required fields are completed accurately to avoid delays or rejections. Follow the detailed steps provided below to correctly fill out the form.
How to fill out the Massachusetts Dealer Reassignment Form Instructions?
1
Complete the dealer information section with your dealership's details.
2
Enter the control number in your Used Vehicle Record Book.
3
Both buyer(s) and seller(s) must sign and date the form.
4
Complete parts A, B, and C for the Assignment and Authorization for Payoff.
5
Fill out the Assignment for Duplicate Certificate of Title if needed.
Who needs the Massachusetts Dealer Reassignment Form Instructions?
1
Licensed Massachusetts dealers who need to transfer a title when all other dealer reassignments are complete.
2
Dealers paying off an existing car loan for a vehicle used as a trade-in.
3
Dealers handling out-of-state titles that are transferred in Massachusetts.
4
Dealers requiring a duplicate certificate of title when the original owner is unavailable.
5
Dealers needing to document the reassignment in their Used Vehicle Record Book.
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Save and download the completed document.
What are the instructions for submitting this form?
To submit this form, complete and sign all required sections, and gather any necessary supporting documents. Submit the form to the Massachusetts Registry of Motor Vehicles, Section 5 Division, P.O. Box 55897, Boston, MA 02205-5897. Alternatively, you can fax the form to 1-617-507-7974. For additional assistance, call 857-368-8030.
What are the important dates for this form in 2024 and 2025?
Important dates for this form include the annual renewal of the dealer license before April 1st for the current year. Subsequent orders within the same year do not require a copy of the license.
What is the purpose of this form?
The Massachusetts Dealer Reassignment of Title form (DRT-1) is a crucial document for licensed dealers involved in vehicle transfers. The form ensures that all dealer reassignments on the Certificate of Title are complete before further transfers can occur. This process maintains accurate records and compliance with federal and state regulations, helping to prevent fraud and protect all parties involved in the transaction.
Tell me about this form and its components and fields line-by-line.
- 1. Dealer Name: Enter the full name of the dealership.
- 2. Address: Provide the complete address of the dealership.
- 3. Business Phone Number: Include the contact number for the dealership.
- 4. Dealer Plate Number: Specify the dealer plate number if available.
- 5. Signatures: Both buyer(s) and seller(s) must sign and date the form.
- 6. Authorization for Payoff: Complete this section if paying off an existing loan for a trade-in vehicle.
- 7. Assignment for Duplicate Certificate of Title: Fill out this part if dealing with a duplicate title and the original owner is not available.
What happens if I fail to submit this form?
If you fail to submit this form, you risk several consequences that could affect your dealership. It is crucial to comply with submission requirements to avoid complications.
- Risk of Suspension: Suspension of your general registration and dealer plates.
- License Revocation: Potential revocation of your dealer license by the city or town.
- Notification to Authorities: The RMV will notify the city/town of improper use and recommend license revocation.
How do I know when to use this form?
- 1. Complete Dealer Reassignments: Use this form when all other dealer reassignments on the Certificate of Title are complete.
- 2. Out-of-State Titles: Required for out-of-state titles being transferred by a Massachusetts dealer.
- 3. Trade-Ins: Complete this form when paying off an existing car loan for a trade-in vehicle.
- 4. Duplicate Certificate of Title: Use this form if the original owner is not available to properly assign the title.
- 5. Used Vehicle Record Book: Enter the control number in your Used Vehicle Record Book to track the form.
Frequently Asked Question
How do I fill out the Dealer Reassignment form?
To fill out the Dealer Reassignment form, complete the dealer information section, enter the control number in your Used Vehicle Record Book, and ensure both buyer(s) and seller(s) sign and date the form.
Can I edit the Dealer Reassignment form online?
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To sign the Dealer Reassignment form electronically, open it in PrintFriendly's editor and use the signing tool to add your digital signature.
What information is required for the Dealer Reassignment form?
The Dealer Reassignment form requires dealer information, control number, signatures from both buyer(s) and seller(s), and authorization for payoff if applicable.
Can I use this form for out-of-state titles?
Yes, the Dealer Reassignment form can be used for out-of-state titles being transferred by a Massachusetts dealer.
What should I do if I need a duplicate certificate of title?
If you need a duplicate certificate of title, complete the Assignment for Duplicate Certificate of Title section and ensure parts A, C, and the Duplicate Title Form are filled out.
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On PrintFriendly, you can save your progress by downloading the updated document at any time and re-uploading it for further edits.
What happens if I fail to properly complete the form?
Failing to properly complete the form may result in suspension or revocation of your general registration and dealer plates.
Where can I get help with filling out the form?
For assistance with filling out the form, contact the Massachusetts Registry of Motor Vehicles or refer to the detailed instructions provided.
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