Wis. Admin. Code Department of Transportation § Trans 154.03 - Assigning and reassigning ownership
Current through March 28, 2022
(1)
RESPONSIBILITIES OF OWNER OR AGENT OF OWNER. When transferring ownership of a
previously titled motor vehicle, the owner named on the certificate of title or
the agent of the owner shall complete the assignment of ownership and odometer
disclosure in the following manner:
(a)
Assignment of ownership and odometer disclosure when using a
nonconforming title. If the motor vehicle being transferred is titled
with a nonconforming title, the assignment of ownership shall be made in the
designated spaces on the certificate of title. The odometer disclosure
statement shall be made on a separate conforming odometer disclosure statement
which has been issued or approved by the department.
(b)
Assignment of ownership and
odometer disclosure when using a conforming title. If the motor
vehicle being transferred is titled with a conforming title, the assignment of
ownership and odometer disclosure shall be made in the designated spaces on the
certificate of title.
(2) RESPONSIBILITIES OF DEALER WHEN
REASSIGNING OWNERSHIP OF A MOTOR VEHICLE WHICH HAS NOT BEEN PREVIOUSLY TITLED
OR REGISTERED. When reassigning ownership of a motor vehicle which has not been
previously titled or registered, a dealer shall complete the reassignment of
ownership and odometer disclosure in the following manner:
(a)
Reassignments by Wisconsin dealer
on a manufacturer's document of origin. To reassign ownership, a
dealer shall complete the reassignment of ownership and odometer disclosure in
the designated spaces on the manufacturer's document of origin.
1. If the document of origin does not contain
an odometer disclosure statement which includes a certification stating the
mileage at the time of transfer, the name and address of the transferring
dealer, the name and address of the purchasing dealer, the date of transfer,
and that the odometer reading is actual, the odometer disclosure statement
shall be completed on a separate conforming odometer disclosure statement which
has been issued or approved by the department. The reassignment of ownership
shall be completed on the manufacturer's document of origin.
2. If the manufacturer's document of origin
does not include available spaces for the reassignment of ownership, both the
reassignment and odometer disclosure shall be completed on a conforming
supplemental reassignment and odometer disclosure statement which has been
issued or approved by the department.
(b)
Reassignment by out-of-state
dealer on a manufacturer's document of origin. If the reassigning
dealer is licensed in another jurisdiction, the reassignment of ownership and
the required odometer disclosure shall be completed as required in sub. (1) or,
if the laws of the jurisdiction in which the reassigning dealer is licensed do
not require reassigning dealers to provide dealer assignees with an odometer
disclosure statement for the vehicles, a Wisconsin dealer assignee is not
responsible for obtaining an odometer disclosure statement from the reassigning
dealer.
(c)
Reassignment
and odometer disclosure by Wisconsin dealer on conforming application for title
and registration form. Notwithstanding the requirements of par. (a),
if the motor vehicle is reassigned by a Wisconsin dealer to a person who is
required to apply for a Wisconsin title, the required reassignment of ownership
and odometer disclosure may be made on a conforming application for title and
registration form or a conforming supplemental reassignment and odometer
disclosure statement which has been issued or approved by the department.
(3) RESPONSIBILITIES OF
DEALER OR WHOLESALER WHEN REASSIGNING OWNERSHIP AND DISCLOSING ODOMETER READING
OF A PREVIOUSLY TITLED MOTOR VEHICLE. When reassigning ownership of a
previously titled motor vehicle, the reassignment and odometer disclosure shall
be completed in the following manner:
(a)
Reassignment by dealer or wholesaler when using a conforming Wisconsin
title.
1. If the transferor is a
dealer or wholesaler licensed in Wisconsin or in another state and the vehicle
is titled with a conforming Wisconsin title, the reassignment of ownership and
odometer disclosure shall be made in the designated spaces on the certificate
of title.
2. If the reassignment is
made by a Wisconsin dealer to a person who is required to make an application
for a Wisconsin certificate of title, the reassignment of ownership and
odometer disclosure may be made on a conforming application for title and
registration form which has been issued or approved by the
department.
3. If the transferor is
a dealer licensed in another state and the laws or regulations of the state so
permit, the reassignment and odometer disclosure may be made on a conforming
supplemental reassignment and odometer disclosure statement issued by the
state.
(b)
Reassignment of ownership by Wisconsin dealer or wholesaler when using
a conforming title issued by another jurisdiction. If the transferor
is a Wisconsin dealer or wholesaler and the vehicle is titled with a conforming
title issued by another jurisdiction, the reassignment and odometer disclosure
shall be made in the designated spaces on the certificate of title.
1. If no available spaces exist on the
certificate of title for the reassignment and odometer disclosure, the dealer
or wholesaler shall make application for a certificate of title which names the
dealer or wholesaler as owner.
2.
If no available spaces exist on the certificate of title for reassignment and
odometer disclosure and the dealer reassigns ownership to a retail purchaser
who is required to apply for a Wisconsin title, the reassigning dealer may
complete the reassignment of ownership and odometer disclosure on a conforming
application for title and registration which has been issued or approved by the
department.
(c)
Reassignment by a dealer or wholesaler licensed in another state when
using a conforming title issued by another jurisdiction.
1. If the transferor is a dealer or
wholesaler licensed in another state and the vehicle is titled with a
conforming title issued by another jurisdiction, the reassignment of ownership
and odometer disclosure shall be completed in the designated spaces on the
certificate of title.
2. If the
laws of the jurisdiction which issued the conforming title or the laws of the
jurisdiction in which the reassigning dealer or wholesaler is licensed so
permit, the reassignment and odometer disclosure may be completed on a
conforming reassignment and odometer disclosure statement which was issued or
approved by the jurisdiction.
(d)
Reassignment by dealer or
wholesaler when using a nonconforming title.
1. If the transferor of a motor vehicle is a
dealer or wholesaler licensed in Wisconsin or another state and the motor
vehicle is titled with a nonconforming certificate of title which includes a
conforming odometer disclosure statement and spaces for the reassignment of
ownership by a dealer, the reassignment of ownership and odometer disclosure
shall be completed on the certificate of title.
2. If the nonconforming title does not
include a conforming odometer disclosure statement, the reassignment of
ownership may be completed in the designated spaces on the certificate of
title, if available, and the odometer disclosure statement shall be completed
on a separate conforming odometer disclosure statement.
3. If the nonconforming title does not
include available spaces for the reassignment of ownership, the reassignment of
ownership and odometer disclosure shall be completed on a conforming statement
which has been issued or approved by the department.
4. If the reassignment of ownership is made
by a Wisconsin dealer to a person who is required to make application for a
Wisconsin title, the reassignment and odometer disclosure may be made on a
conforming application for title and registration which has been issued or
approved by the department.
5.
Notwithstanding the requirements of this section, if the reassignment is made
by a dealer licensed in another state and the laws of the state so permit, the
reassignment and odometer disclosure may be made on a conforming statement
which has been issued or approved by the state.
Notes
The following state regulations pages link to this page.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.