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. Which document must Ontario dealers provide to used vehicle buyers before a sale is finalized? → The Used Vehicle Information Package (UVIP)
3. 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
4. Under Ontario's all-in pricing rules enforced by OMVIC, which of the following charges may legally be EXCLUDED from the advertised price of a vehicle? → HST and licensing/registration fees payable to the government
5. Under OMVIC's advertising rules, all advertising by registered motor vehicle dealers must be: → Truthful, accurate, and not misleading in any respect
6. Under the Motor Vehicle Dealers Act, what is the maximum number of vehicles a person can sell in a calendar year without being required to register as a dealer? → There is no set maximum; it depends on intent
7. 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
8. What is the primary purpose of the mandatory written disclosure statement dealers must provide about a vehicle's history? → To ensure consumers have material information needed to make an informed purchase decision
9. A consumer who believes an OMVIC registrant acted dishonestly can seek civil remedies through: → Ontario courts, independently of OMVIC
10. When a dealer takes a vehicle in on trade, the dealer must provide the trade-in value to the customer: → As a separately itemized figure in the bill of sale
11. 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
12. Which of the following best describes OMVIC's Compensation Fund? → A consumer protection fund for losses from fraudulent dealers
13. Under OMVIC regulations, what must a registered salesperson do if they leave their current employer to work for a different dealership? → Notify OMVIC and transfer their registration to the new dealer
14. Under the MVDA, how long does a consumer generally have to make a claim to the OMVIC Compensation Fund after suffering a qualifying loss? → One year from the date the loss was discovered or ought to have been discovered
15. 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
16. What should a salesperson do if a customer asks for financial advice? → Provide general guidance, but avoid specific recommendations
17. When must a dealer provide a consumer with a written copy of the contract of sale under OMVIC regulations? → At the time of signing
18. 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
19. A dealer's registration is suspended by OMVIC. During the suspension period, the dealer may: → Not buy, sell, or trade in motor vehicles
20. 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
21. What information about financing must be provided if the dealer helps a consumer obtain it? → Initial Disclosure Statement details
22. 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
23. 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
24. Under OMVIC regulations, dealers MUST disclose that a vehicle was previously used as which of the following? → A former police, taxi, or emergency vehicle
25. 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
26. 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
27. 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
28. 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
29. An applicant for an OMVIC dealer registration has a prior criminal conviction. How does OMVIC handle this situation? → Review the nature, severity, and relevance of the offence before deciding
30. 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