Virginia law specifies certain exemptions from the Buyer's Order provisions, excluding the sale, lease, or exchange of tractor trucks, large trucks, or semitrailers. Additionally, it mandates that licensed dealers using electronic filing systems for vehicle titles or registration must clearly list and remit any associated online system fees separately on the buyer's order. These regulations aim to clarify transaction exclusions and ensure transparency in electronic fee collection.
Tractor trucks, trucks weighing 16,000 pounds or more, and semitrailers are exempt from the Buyer's Order requirements in Virginia.
Yes, any online system filing fees charged by the electronic systems provider must be listed separately and identified as 'on-line systems filing fee' on the buyer's order.
Licensed vehicle dealers using Department-approved electronic filing systems are responsible for collecting the fees from buyers and remitting them to the electronic systems provider.
No, it specifically applies to sales involving electronic filing systems for vehicle titles or registration, with certain vehicle types exempted from Buyer's Order provisions.