Some states provide and/or require lenders to take part in electronic name programs, called ELT (Electronic Lien and Title) or e-title programs. It is possible the no paper title for your vehicle has been created if you reside in one of the following states. Alternatively, the name is held as a record that is electronic is only going to be printed upon demand for the lien owner and/or registered owner.
- New York
How exactly does an ELT or e-title system affect you, while the authorized owner of this automobile? You will notice really impact that is little unless you relocate to another state, wish to replace your title in the name, or require a photocopy of one’s name for almost any explanation. A paper title must first be requested from the state, which adds to the time before the title can be forwarded to the requesting party in these cases. After the name is printed and mailed returning to the financial institution, it could then be forwarded to another DMV or tag office for updates, or a duplicate forwarded to you, the owner that is registered. Read More