Electronic lien and title

Electronic lien and title, also known as ELT, is a program offered by various US States allowing for the electronic exchange of lien and title information with lienholders in lieu of a paper certificate of title.

Standards

American Association of Motor Vehicle Administrators (AAMVA) created a 'standard' that many states have adopted in ELT design. States that use the AAMVA standard include: Arizona, Hawaii, Massachusetts, Ohio, South Carolina, Texas, Virginia. States that have chosen not to use the AAMVA standard have developed their own proprietary system.

Benefits of ELT for jurisdictions

ELT offers improved data accuracy resulting from the electronic exchange of data (reduction in typographical errors) and improved timeliness of data exchange (no more waiting for the mail and faster lien releases) as well as improved data and forms security. There may be a reduction in the use and control of secure forms (paper costs) and in mailing and printing costs.[1]

Benefits of ELT for lienholder

ELT offers a potential staff reduction in areas associated with filing, retrieval and mailing of certificates and a reduction of storage space needed for filing and storing paper certificates of title. There is increased ease of processing for dealer transactions. It may offer a reduction in title-related fraud.[1]

Drawbacks

A drawback of ELT is that a holder cannot convert ELT to paper same-day in majority of ELT states; some states do offer option expedited printing options. For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the OH DMV the following business day. Some states may take up to three months for a paper title to be produced after an electronic lien release, though this is uncommon.

Implementation in the United States

States offering an ELT program include Arizona, California, Colorado, Florida, Georgia, Hawaii, Idaho, Kansas, Louisiana, Massachusetts, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington, and Wisconsin.

Several states have or will require lenders to participate.

  • Arizona: May 31, 2010[2]
  • California: January 1, 2013[3]
  • Florida: January 1, 2013[4]
  • Georgia: January 1, 2013[5]
  • Louisiana: January 1, 2010[6]
  • Nebraska: January 1, 2011[7]
  • Nevada: October 1, 2016[8]
  • North Carolina: July 1, 2016[9]
  • Pennsylvania: July 1, 2008
  • South Dakota: July 1, 2012
  • Texas: January 1, 2013[10]
  • Wisconsin: July 1, 2010[11]
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References
  1. AAMVA discusses benefits of ELT
  4. "Senate Bill 1122 (2012) - The Florida Senate".
  5. "Archived copy". Archived from the original on 2012-10-30. Retrieved 2012-05-08.CS1 maint: archived copy as title (link)
  6. "Archived copy". Archived from the original on 2012-02-24. Retrieved 2010-01-12.CS1 maint: archived copy as title (link)
  7. "Electronic Lien and Title | Nebraska Department of Motor Vehicles".
  8. "Electronic Lien and Title". dmvnv.com.
  10. "Texas Legislature Online - 82(R) History for HB 2575". www.legis.state.tx.us.
  11. "Wisconsin DMV Official Government Site - Motor vehicle business licenses". wisconsindot.gov.
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