N.M. Code R. § 12.2.14.11

Current through Register Vol. 35, No. 11, June 11, 2024

Section 12.2.14.11 - PREVIOUS WRECK DAMAGE OR ALTERATION INSPECTION REPORT

The seller's inspection report shall be in substantially the form which accompanies this rule and shall include the following information:

A. seller's name;

B. address, including city, state, and zip code;

C. the year, make and model of the motor vehicle;

D. the motor vehicle identification number;

E. the exterior color of the motor vehicle;

F. an odometer reading of the motor vehicle;

G. a "yes" and "no" check box to indicate any discovered safety issues revealed by the inspection; if "yes" is checked, the inspection report shall identify such issues with particularity;

H. a "yes" and "no" check box to indicate any discovered chassis or structural damage revealed by the inspection; if "yes" is checked, the inspection report shall identify such damage with particularity;

I. a "yes" and "no" check box to indicate any discovered non industry-standard repair revealed by the inspection; if "yes" is checked, the inspection report shall identify such repair with particularity;

J. a "yes" and "no" check box to indicate any discovered unrepaired damage revealed by the inspection; if "yes" is checked, the inspection report shall identify such damage with particularity;

K. whether a good faith estimate of the cost of prior alteration or damage repair discovered on inspection exceeds six percent of the estimated sales price of the motor vehicle;

L. date of inspection;

M. cost for the inspection;

N. contact information for the business/individual who performed the inspection, including city, state, and zip code and telephone number;

O. the printed or typed name of the qualified person who performed the inspection;

P. the signature of the qualified person who conducted the inspection; and

Q. a statement to the effect that "prior damage/repair inspection is based on good faith observation, minimal disassembly and without use of computerized measuring system(s)," that the inspection report is not a warranty, and containing a citation to this rule, 12.2.14.1 NMAC;

R. the seller's inspection report may also include:

(1) a statement whether the motor vehicle was placed on a lift to inspect the chassis as part of the inspection;

(2) a statement whether a paint mil thickness gauge was used to measure paint thickness as part of the inspection; or

(3) reasonable additional detail about the condition of the chassis, body panels and paint of the motor vehicle which was revealed by the inspection and is believed by the inspector to be useful to a buyer.

N.M. Code R. § 12.2.14.11

12.2.14.11 NMAC - N, 4/1/2014, Amended by New Mexico Register, Volume XXVII, Issue 16, August 31, 2016, eff. 8/31/2016