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Archive April 2022
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Vehicle Storage Lien Law Review
- By: TIADA Compliance
- On: 04/20/2022 16:57:45
- In: Texas Posts
- Comments: 0
In general, a vehicle storage facility or VSF must be licensed by the Texas Department of Licensing and Regulation. A few tips if you receive invoices or notices (or no notices) that are out of the ordinary.
Test Drive Procedures and Best Practices
- By: TIADA Compliance
- On: 04/18/2022 16:02:28
- In: Texas Posts
- Comments: 0
Dealers Working with Law Enforcement to Prevent Vehicle Fraud
- By: TIADA Compliance
- On: 04/05/2022 15:01:04
- In: Texas Posts
- Comments: 0
The Houston Police Department’s Auto Theft Division, Vehicle Fraud Unit has spent years building a coordinated effort by law enforcement and dealers to catch criminals in the act of committing fraud. The Unit has made over 110 arrests for frauds-in-progress since April 2018. It is a major initiative led by Sergeant Darren Schlosser, a crime prevention strategy that has saved over $5.2 million in fraud since they began tracking such cases.
Bad History Report, Clean Title...Now What?
- By: TIADA Compliance
- On: 04/05/2022 12:11:18
- In: Texas Posts
- Comments: 0
Sometimes, a history report shows a vehicle was deemed a total loss by an insurance company, yet it will still have a clear title. At first glance, the title seems contradictory to the vehicle history report; however, that is not the case as insurance companies have different definitions than Texas. This blog will first explain why this can occur and what steps a dealer should take to avoid liability related to the insurance’s determination that the vehicle was a total loss.