Chapter 9, Section F:|
Salvage Certificate of Title or Reconditioned Title
Any time a vehicle is transferred and the
original document is a Certificate of Title branded as “SALVAGE”, all
subsequent titles issued must be branded and stamped “Salvage.” The
stamp must be placed at a 45-degree angle on the empty space next to the
registered owner's name on the Certificate of Title and the Application
for Vehicle Title and Registration.
Some other states issue a “Reconditioned”
that is equivalent to our “Salvage” titles, and is a negotiable title. Upon transfer of
registration of a vehicle that has a "Reconditioned" title,
enter "Salvage" in the “brand” block.
Other states also issue a “Salvage
Certificate” to show ownership. This document serves to cancel the original
title until the vehicle is made roadworthy. The vehicle must be
inspected, and a “Reconditioned Title” issued, in the state of issue
before a New Mexico title can be issued.