OMVIC Licensing Requirements 4

Question 1

Under OMVIC regulations, what must a registered salesperson do if they leave their current employer to work for a different dealership?

Accepted Answer

Notify OMVIC and transfer their registration to the new dealer

Answer

A salesperson's registration is tied to their sponsoring dealer, so they must transfer their registration to the new dealer through OMVIC when changing employers.

Question 2

Which of the following individuals is EXEMPT from requiring an OMVIC registration to sell motor vehicles?

Accepted Answer

A private individual selling their own personal vehicle

Answer

Private individuals selling their own personal vehicles are exempt from OMVIC registration requirements since they are not in the business of trading in motor vehicles.

Question 3

What is the maximum number of vehicles a business can sell in Ontario per year before being required to register as a motor vehicle dealer with OMVIC?

Accepted Answer

4

Answer

Selling more than 4 vehicles per year triggers the requirement to register as a motor vehicle dealer under the MVDA.

Question 4

An applicant for an OMVIC dealer registration has a prior criminal conviction. How does OMVIC handle this situation?

Accepted Answer

Review the nature, severity, and relevance of the offence before deciding

Answer

OMVIC conducts a case-by-case review considering the type of offence, its relevance to the motor vehicle trade, and rehabilitation evidence rather than applying an automatic ban.

Question 5

Under the MVDA, which class of dealer registration allows a business to sell ONLY motorcycles and not other motor vehicles?

Accepted Answer

Motorcycle dealer

Answer

The motorcycle dealer registration class is specifically designed for businesses whose inventory is limited to motorcycles and related vehicles.

OMVIC (Ontario Motor Vehicle Industry Council) Practice Test

OMVIC (Ontario Motor Vehicle Industry Council) Practice Test

OMVIC Licensing Requirements 4