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Get Mvdb-10 Motor Vehicle Dealer License Application For Initial ... - Mvdb Virginia
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How to fill out the MVDB-10 Motor Vehicle Dealer License Application for Initial Licensing in Virginia online
Filling out the MVDB-10 Motor Vehicle Dealer License Application is a crucial step for individuals and businesses looking to obtain their dealer license in Virginia. This guide will provide clear, step-by-step instructions to ensure a smooth application process.
Follow the steps to successfully complete your application.
- Click ‘Get Form’ button to access the application and view it in an editable format.
- Begin by indicating the type of application you are submitting. Choose between 'Initial Application,' 'Renewal Application,' or 'Change,' ensuring you check only one box as per your need.
- Next, select the type of motor vehicle dealer license(s) you are applying for. You can select multiple options including 'Franchised,' 'Independent,' 'Car/Truck,' 'Motorcycle,' 'Recreational Vehicle,' and 'Trailer.'
- Input the name of your business and provide the business address. Ensure you include the street address, city, county, and ZIP code, noting that only P.O. Boxes are not acceptable.
- Fill in the details of the dealer-operator, which is the person operating the business. Include their social security number or employer ID, business phone number, email address, and their home or cell phone number.
- Specify the type of ownership for your business by checking one of the available options: 'Individual,' 'Partnership,' 'Corporation,' or 'LLC.' If incorporated, provide the state of incorporation.
- List the name, title, and residential address of each owner, partner, and/or officer of the business. Use additional sheets if necessary and attach.
- If you are a franchised dealer, attach a copy of the franchise and service agreement with the manufacturer or distributor for initial applications. Only list line-makes of vehicles to be sold in Virginia.
- Answer the questions regarding any past license refusals, felonies, and business-related convictions. Respond appropriately and provide additional explanations on a separate sheet if required.
- Finalize your application by reading and signing the certification section. Print your name, sign, and state the date to affirm that all information is accurate.
- After completing the application, you can save your changes, download, print, or share the form as needed.
Complete your MVDB-10 application online today to move forward with your motor vehicle dealer license.
The dealer license cost in Virginia is around $600 for a yearly license, consisting of $350 fee for the Motor Vehicle Transaction Recovery Fund. This fee, as well as the surety bond requirement, are needed only for the first three years of licensing, in case you have no claims against you during this period.
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