ELT Transactions

Since a main goal of ELT is to reduce paper, the ELT process includes a number of transactions. These correspond to the same kind of transactions that take place with paper titles. At a minimum, this would need to include:

  • Notification of Lien (the electronic title): lets the lienholder know a lien has been recorded.
  • Release / Satisfy / Cancel: lienholder notifies state that they are releasing their interest
  • Request Paper:: lienholder requests a paper title with their lien still noted.
  • Other transactions are possible, including:
    • Notification of Cancellation: state notifies the lienholder that their lien has been removed, usually due to a written request.
    • Correction to Title: state notified the lienholder of a change made to title information, usually an additional lien or vehicle brand added.
    • Convert from Paper: conversion of existing paper titles, either existing portfolio or ongoing (paper title received when electronic title expected). Several states support this as a manual process.
    • Transfer to new lienholder: allows a lienholder to release their lien and indicate a new lienholder.
    • Electronic lien application: State allows lender lender to electronically submit title or lien application.
    • Title Inquiry: allows a lienholder to verify title information prior to issuing a loan. This is a fraud prevention measure. Also used for troubleshooting during the lien recordation process. Sometimes made available to the public.
    • Expedited printing requests: allows a lienholder or owner to receive a printed title the same day a request is made.

Transactions By State

The following is a matrix of which states support which transactions.

From State: AZ CA FL GA HI IA ID LA MA NE NY OH PA SC SD TX VA WA WI
Notification of Lien
Notification of Cancellation
Correction to Title
To State:
Release / Satisfy / Cancel
Request Paper
Convert from Paper
Transfer to new lienholder
Other:
Electronic lien application
Title Inquiry
Expedited printing requests
AZ CA FL GA HI IA ID LA MA NE NY OH PA SC SD TX VA WA WI