(1) If there is a change of ownership of an off-highway vehicle for which a registration has been issued, the new owner shall apply for a new registration from a dealer employed as a licensing agent or from the division. The application shall set forth the original number issued and shall be accompanied by the old registration properly signed by the previous owner and by the fee for registration in an amount specified by the commission by rule.
(2) In the event that an off-highway vehicle was purchased through a dealer, such application must be accompanied by a dealer's form, as prescribed by the division, numbered, completed, and signed by the dealer or his agent and by the new owner.