VERIFI: Top Ten Tips
- Take your time when provisioning VERIFI access among your staff. Make sure each staff member is provisioned with the access you want him/her to have.
- Accurate data entry is crucial. Your staff should carefully review the information entered in the VERIFI Book of Registry and in the eMV-50 prior to submitting.
- The VERIFI Book of Registry must contain accurate and complete vehicle information before a vehicle can be sold.
- You can start to enter vehicle information in your VERIFI Book of Registry before you have all required details and “Save” it for completion prior to processing the sale.
- You can correct a submitted eMV-50, but this will cost you an additional MV-50 fee ($5), as well as the VERIFI transaction fee ($1.93).
- The best practice is to account for the use of a secure paper MV-50 in VERIFI as soon as possible. There are two reasons for this:
- If you don’t, processing of the registration and title application could be delayed causing hardships for your customer or other dealers; and,
- VERIFI automatically assigns plates from the dealer plate inventory. If you don’t account for the use of a secure paper MV-50 right away, VERIFI may assign the plates to another sale within the dealership.
- You can print a “Saved” eMV-50 (but not the TCR) prior to submitting.
- You can account for an electronic lien by entering “L0” (that’s capital “L” and zero “0”) on the eMV-50 and writing “Electronic Lien” on the MV-82.
- An eMV-50 isn’t an ownership document. In VERIFI, ownership documents are defined, e.g., titles or Manufacturer Certificates of Origin (MCO).
- You must use VERIFI to order and initiate the return of secure paper MV-50 books.
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