NMVTIS

AcronymDefinition
NMVTISNational Motor Vehicle Title Information System
References in periodicals archive ?
ADD has offered NMVTIS reports to industry members through its business services website since 2009.
Unless the federal government fully implements NMVTIS, fraudulent retitling will continue to be "the number one problem in used-car sales," said William Brauch, director of the consumer protection division of the Iowa attorney general's office.
NMVTIS is also a tool that assists states and law enforcement in deterring and preventing title fraud and other crimes.
The specially priced instaVIN reports will help California dealers run a NMVTIS report for all of their used vehicles in inventory so they are compliant with the new law.
The Department of Justice (DOJ) is responsible for the oversight of the NMVTIS program.
Dealers in California complying with the new CA AB1215 law can also print the FREE NMVTIS "warning sticker" on vehicles that are found to have a title brand or other major problem.
It was a perfect fit for us as we strive to educate the general consumer on why a simple, low-cost NMVTIS vehicle history report can save them money and headaches down the road.
This additional state data represents a significant accomplishment for the NMVTIS Program.
As the first NMVTIS consolidator approved by the federal agency, ADD has had the opportunity to work with industry members to enhance our system and give them the tools that are most effective for compliance," said Jim Taylor, President.
NMVTIS is the only vehicle history database into which all states, insurance carriers and junk salvage yards are required to report their data by federal law.
The law, which became effective July 1, 2013, strengthens the efficacy of NMVTIS by promoting the use of NMVTIS Prospective Purchaser Inquiries (PPIs) as part of the tow lien and mechanic's lien process and codifying in Florida statute reporting requirements for the salvage and towing industry.
NMVTIS is administered by the American Association of Motor Vehicle Administrators (AAMVA), and overseen by the U.