OMVIC Cheat Sheet 2026

The 30 highest-yield OMVIC facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. Which prior use of a vehicle must a registered dealer disclose on the Condition Disclosure Statement? → The vehicle was previously used as a daily rental or police vehicle
2. According to OMVIC ethics, how should a salesperson handle a conflict of interest situation? → Disclose the conflict and ensure it does not affect their judgment or actions
3. Under OMVIC's advertising rules, all advertising by registered motor vehicle dealers must be: → Truthful, accurate, and not misleading in any respect
4. Under OMVIC advertising standards, a dealer's online ad must show which of the following? → The all-in selling price as the most prominent price displayed
5. A consumer who believes an OMVIC registrant acted dishonestly can seek civil remedies through: → Ontario courts, independently of OMVIC
6. Under OMVIC's Code of Ethics, a dealer's responsibility to disclose material facts about a vehicle applies: → Both proactively and in response to direct buyer questions
7. Which of the following best describes OMVIC's Compensation Fund? → A consumer protection fund for losses from fraudulent dealers
8. When a dealer acquires a vehicle as a trade-in, the dealer must apply for a change of ownership. This protects against: → All of the above
9. What should a salesperson do if a customer asks for financial advice? → Provide general guidance, but avoid specific recommendations
10. Under the MVDA 2002 and OMVIC's Code of Ethics, what must a dealer disclose to a customer regarding a trade-in vehicle valuation? → Only the final allowance offered for the trade-in
11. When a dealer accepts a trade-in with an outstanding lien, what is the dealer's obligation under OMVIC regulations? → Ensure the lien is paid out from the trade-in proceeds and title is clear before reselling
12. What information about financing must be provided if the dealer helps a consumer obtain it? → Initial Disclosure Statement details
13. If a dealer does not have a specific new vehicle in stock, but will locate and bring it in, what must be disclosed about the vehicle's mileage? → Mileage within a certain range or no maximum with buyer's initials
14. A dealer completes a vehicle sale but fails to properly transfer the certificate of registration (ownership document) to the buyer. This failure: → Violates the dealer's obligations under the MVDA to complete the transaction properly
15. Under OMVIC regulations, dealers MUST disclose that a vehicle was previously used as which of the following? → A former police, taxi, or emergency vehicle
16. Why is the consumer unable to access the Compensation Fund after buying from a curbsider? → The Compensation Fund only applies to transactions with OMVIC-registered dealers
17. Under the MVDA 2002, what is the prescribed minimum information that must appear on a vehicle inspection certificate presented at time of sale? → The VIN, inspection date, inspector's name, and all items inspected with results
18. A registered OMVIC dealer employee who knowingly assists a curbsider in selling vehicles through the dealer's lot could face: → Revocation of their salesperson registration and potential prosecution
19. A dealer discovers a vehicle on their lot has an outstanding lien. What should the dealer do? → Discharge the lien before selling or fully disclose it in writing
20. A dealer posts vehicles for sale on an online classified platform without identifying themselves as a registered OMVIC dealer. This practice is known as: → Curbsiding
21. Under OMVIC's Code of Ethics, if a registrant discovers after signing a sales contract that they failed to disclose a material defect, they should: → Immediately inform the buyer and attempt to resolve the situation
22. What should a salesperson do if they encounter a language barrier with a customer? → Request assistance from a colleague or interpreter
23. A consumer who was defrauded by a dealer wants to file a Compensation Fund claim. What is the deadline for submitting a claim to the Fund? → Within two years of the date the consumer knew or ought to have known of the loss
24. Which of the following is NOT included in a standard Ontario Used Vehicle Information Package (UVIP)? → Vehicle inspection records from all past service centres
25. Under the MVDA 2002, which of the following is considered a 'material fact' that a dealer must always disclose to a buyer? → That the vehicle was previously used as a police cruiser
26. A consumer filing a complaint against a registered dealer should first contact: → OMVIC's complaint department, which investigates registered dealer conduct
27. Which of the following best describes OMVIC's enforcement role regarding curbsiding? → OMVIC investigators can gather evidence and refer cases for prosecution under the MVDA
28. What is the maximum fine an individual can face for curbsiding under the MVDA 2002? → $50,000
29. Even in an 'as-is' vehicle sale, a registered dealer is still obligated to: → Disclose all known material defects to the buyer
30. What must be conducted in a secure manner to ensure only registrants or registered dealers gain access? → Online Auctions