Can dealers rent tags and office space to a licensed salesperson without completing forms?

Dealers are required to complete the appropriate MVDB forms when renting tags and office space to a licensed salesperson. This requirement ensures that both the dealer and the salesperson remain compliant with state regulations concerning the proper use of dealer tags and the leasing of operational space. By completing the necessary forms, documentation of the agreement is maintained, which helps to prevent misuse of dealer tags and can aid in tracking and accountability. This bureaucratic process is a safeguard that protects both the dealer’s business operations and the integrity of the dealership’s license with the state. Therefore, failing to complete these forms would violate regulatory standards set forth by the Virginia Motor Vehicle Dealer Board.