NAAA sends update on title transfers in NJ

The National Auto Auction Association has alerted members to a recent decision by the New Jersey Motor Vehicle Commission (NJMVC).

In a notice delivered Thursday, NAAA reiterated that NJMVC will no longer accept Connecticut’s Supplemental Assignment of Ownership (Q-1) forms for property transfers in New Jersey.

NAAA explained that the new policy means that Connecticut’s Q-1 form is only for transactions in that state and only for vehicles titled in Connecticut.

“We understand that this could also have consequences in other states. We have heard of a similar position in New Jersey versus Florida and Indiana forms, and we are aware that this policy may be applied to other states’ forms as well,” NAAA said in the industry release.

“NAAA has been in contact with our industry partners, including the New Jersey Coalition of Automotive Retailers (NJ CAR). We plan to engage with NJMVC to encourage them to reconsider the implementation of this important change and help educate them on the impact on our member auction operations,” NAAA continued.

“We will continue to advocate on your behalf and will update you as more information becomes available,” NAAA continued.