RCW 46.70.122
Duty when purchaser or transferee is a dealer.
(1) If the purchaser or transferee is a dealer he or she shall, on selling, leasing, or otherwise disposing of the vehicle, promptly execute the assignment and warranty of title, in such form as the director shall prescribe.
(2) The assignment and warranty shall show any secured party holding a security interest created or reserved at the time of resale or lease, to which shall be attached the assigned certificate of title and registration certificate received by the dealer. The dealer shall mail or deliver them to the department with the transferee's application for the issuance of new certificate of title and registration certificate. The certificate of title issued for a vehicle possessed by a dealer and subject to a security interest shall be delivered to the secured party who upon request of the dealer's transferee shall, unless the transfer was a breach of the security agreement, either deliver the certificate to the transferee for transmission to the department, or upon receipt from the transferee of the owner's bill of sale or sale document, the transferee's application for a new certificate and the required fee, mail or deliver to the department. Failure of a dealer to deliver the certificate of title to the secured party does not affect perfection of the security interest.
[ 2010 c 161 § 1133; 2001 c 272 § 8; 1990 c 238 § 5; 1975 c 25 § 11; 1972 ex.s. c 99 § 3; 1967 c 140 § 2; 1961 c 12 § 46.12.120. Prior: 1959 c 166 § 10; prior: 1947 c 164 § 4(c); 1937 c 188 § 6(c); Rem. Supp. 1947 § 6312-6(c). Formerly RCW 46.12.120.]
NOTES:
Effective date—Intent—Legislation to reconcile chapter 161, Laws of 2010 and other amendments made during the 2010 legislative session—2010 c 161: See notes following RCW 46.04.013.
Effective date, implementation—1990 c 238: See note following RCW 46.12.530.
Effective date—1967 c 140: See note following RCW 46.12.520.
Structure Revised Code of Washington
Chapter 46.70 - Dealers and Manufacturers.
46.70.005 - Declaration of purpose.
46.70.021 - License required for dealers or manufacturers—Penalties.
46.70.023 - Place of business.
46.70.025 - Established place of business—Waiver of requirements.
46.70.027 - Accountability of dealer for employees—Actions for damages on violation of chapter.
46.70.029 - Listing dealers, transaction of business.
46.70.031 - Application for license—Form.
46.70.041 - Application for license—Contents.
46.70.042 - Application for license—Retention by department—Confidentiality.
46.70.045 - Denial of license.
46.70.051 - Issuance of license—Private party dissemination of vehicle database.
46.70.055 - Wholesale vehicle dealer licenses.
46.70.070 - Dealers—Bond required, exceptions—Actions—Cancellation of license.
46.70.075 - Manufacturers—Bond required—Actions—Cancellation of license.
46.70.079 - Education requirements.
46.70.083 - Expiration of license—Renewal—Certification of established place of business.
46.70.085 - Licenses—Staggered renewal.
46.70.090 - License plates—Use.
46.70.101 - Denial, suspension, or revocation of licenses—Grounds.
46.70.102 - Denial, suspension, or revocation of licenses—Notice, hearing, procedure.
46.70.111 - Investigations or proceedings—Powers of director or designees—Penalty.
46.70.115 - Cease and desist orders—Penalty, "curbstoning" defined.
46.70.120 - Record of transactions.
46.70.122 - Duty when purchaser or transferee is a dealer.
46.70.124 - Evidence of ownership for dealers' used vehicles—Consignments.
46.70.125 - Used vehicles—Asking price, posting or disclosure.
46.70.130 - Details of charges must be furnished buyer or mortgagor.
46.70.132 - Manufactured home sale—Implied warranty.
46.70.134 - Manufactured home installation—Warranty, state installation code.
46.70.135 - Mobile homes—Warranties and inspections—Delivery—Occupancy—Advertising of dimensions.
46.70.160 - Rules and regulations.
46.70.170 - Penalty for violations.
46.70.180 - Unlawful acts and practices.
46.70.183 - Notice of bankruptcy proceedings.
46.70.240 - Penalties—Jurisdiction.
46.70.250 - Personal service of process outside state.
46.70.260 - Application of chapter to existing and future franchises and contracts.
46.70.270 - Provisions of chapter cumulative—Violation of RCW 46.70.180 deemed civil.
46.70.290 - Mobile homes and persons engaged in distribution and sale.
46.70.300 - Chapter exclusive—Local business and occupation tax not prevented.
46.70.310 - Consumer Protection Act.
46.70.330 - Wholesale motor vehicle auction dealers.
46.70.340 - Issuance of temporary subagency licenses for recreational vehicle shows.