Terms Used In Maine Revised Statutes > Title 10 > Part 3 > Chapter 217 - Used Car Information

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Approved private school: means a private school approved for attendance purposes under chapter 117. See Maine Revised Statutes Title 20-A Sec. 1
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Dealer: means and includes a natural person, firm, corporation, partnership and any other legal entity that is engaged in the business of selling, offering for sale or negotiating the sale of used motor vehicles, except auction businesses licensed by the Secretary of State and includes the officers, agents and employees thereof. See Maine Revised Statutes Title 10 Sec. 1471
• Devise: To gift property by will.
• Extended service warranty: means a service contract, not a warranty as that term is used in Title 11, Article 2, that promises service in exchange for a fee and may also be referred to as "extended service contract. See Maine Revised Statutes Title 10 Sec. 1471
• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• Fraud: Intentional deception resulting in injury to another.
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Livery service: means a service that for a fee arranges, schedules or procures a vehicle for rent or hire or provides a ride for hire. See Maine Revised Statutes Title 10 Sec. 1471
• Mechanical defect: means any defect, failure or malfunction of the mechanical system of a motor vehicle, including but not limited to the motor and transmission, electrical, hydraulic or suspension systems, and any defect, damage, failure or malfunction that affects the safety or normal use of a motor vehicle. See Maine Revised Statutes Title 10 Sec. 1471
• Motor vehicle: means any self-propelled vehicle designed primarily to transport not more than 14 individuals, except motorcycles as defined in Title 29?A, section 101, subsection 38, and any vehicles operated exclusively on a rail or rails. See Maine Revised Statutes Title 10 Sec. 1471
• Oath: includes an affirmation, when affirmation is allowed. See Maine Revised Statutes Title 1 Sec. 72
• Oath: A promise to tell the truth.
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Person: means and includes natural persons, corporations, trusts, partnerships, incorporated or unincorporated associations and any other legal entities. See Maine Revised Statutes Title 10 Sec. 1471
• Purchaser: means any person who has obtained ownership of a used motor vehicle from a dealer by transfer, gift or purchase. See Maine Revised Statutes Title 10 Sec. 1471
• Reconstructable motor vehicle: means a used motor vehicle that does not meet the inspection standards as set forth in Title 29?A, section 1751, and that is sold, offered for sale or negotiated for sale to a person other than another dealer for the purpose of transportation after repair or rebuilding. See Maine Revised Statutes Title 10 Sec. 1471
• Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
• Rideshare: means a program, activity or action in which a person uses that person's private vehicle to transport a person for a fee. See Maine Revised Statutes Title 10 Sec. 1471
• Seller: means any person who sells a used motor vehicle to a dealer, including, but not limited to, individuals, other new or used motor vehicle dealers, motor vehicle manufacturers and insurance companies. See Maine Revised Statutes Title 10 Sec. 1471
• Superintendent: means the person in a school administrative unit or school union appointed and having the authority and responsibility under this Title and other applicable statutes. See Maine Revised Statutes Title 20-A Sec. 1
• Used motor vehicle: means a motor vehicle that either has been once registered or is not covered by a manufacturer's new car warranty. See Maine Revised Statutes Title 10 Sec. 1471
• Vehicle history report: means a written or electronic report, record or document that describes or provides information on the service history of a vehicle. See Maine Revised Statutes Title 10 Sec. 1471