Ala. Admin. Code r. 810-5-75-.53

Current through Register Vol. 43, No. 1, October 31, 2024

Section 810-5-75-.53 - Application For Certificate Of Title Leased Vehicles

(1) A leasing company that leases a motor vehicle based in Alabama and required to be titled in this state, must make application to the department for a certificate of title. This includes lease/purchase agreements. The lessor must always be named as owner. The lessor's address must be provided in the space for owner's mailing address and the certificate of title will be mailed to the lessor at that address provided, unless there is a lienholder disclosed on the application. The lessor must also provide the lessee's name and resident address in the space designated for Alabama Operator (lessee).

(2) When a security interest is perfected on a leased vehicle, the certificate of title will be mailed to the first lienholder.

(3) Designated agents must complete an application for Certificate of Title-as prescribed in Administrative Rule 810-5-75-.36 titled Responsibilities Of Designated Agents. Application must be properly completed and signed by the designated agent and owner (lessor) or attorney-in-fact of owner (lessor).

Ala. Admin. Code r. 810-5-75-.53

Amended: Filed November 5, 1997; effective December 10, 1997. Amended: Filed April 21, 2010; effective May 26, 2010.

Amended by Alabama Administrative Monthly Volume XXXVIII, Issue No. 05, February 28, 2020, eff. 4/13/2020.

Was previously 810-5-5-.07 and moved to 810-5-75-.53 as per certification filed April 21, 2010; effective May 26, 2010.

Authors: Mike Gamble, Jonathan Lawrence

Statutory Authority:Code of Ala. 1975, §§ 32-8-1 through 32-8-88, 40-2A-7(a)(5).