This bill amends R.S.39:10-11 to allow licensed motor vehicle dealers to facilitate the issuance of titles and registrations for used motor vehicles purchased through private sales. It specifies that individuals aged 17 and older who buy a used motor vehicle in a private sale can apply to a licensed dealer for a certificate of ownership and registration within 10 working days of the purchase, rather than going directly to the New Jersey Motor Vehicle Commission. The bill also allows dealers to charge a reasonable fee for this service and to issue temporary registration certificates for the vehicles.
Additionally, the bill introduces new definitions for "licensed motor vehicle dealer" and "private sale," and mandates that the Chief Administrator of the New Jersey Motor Vehicle Commission adopt temporary rules and regulations to implement these changes within three months of the bill's effective date. These temporary regulations will remain in effect for up to one year and will be subject to amendment or re-adoption in accordance with the Administrative Procedure Act. The bill aims to streamline the process for private vehicle sales and enhance the role of licensed dealers in facilitating vehicle registrations.