Electronic Lien and Title, also known as ELT, is a program offered by various US States allowing state Department of Motor Vehicles

Department of Motor Vehicles

In the United States of America, a Department of Motor Vehicles is a state-level government agency that administers vehicle registration and driver licensing. Similar departments exist in Canada...

 to electronically exchange lien and title information with lienholders in lieu of a paper title.

Standards

• American Association of Motor Vehicle Administrators (AAMVA) created a 'standard' that many states have adopted in ELT design.
• States that have chosen not to use the AAMVA standard have developed their own proprietary system.

Implementation in the United States

States offering an ELT program include Arizona, California, Florida, Georgia, Hawaii, Idaho, Kansas, Louisiana, Massachusetts, New York, Ohio, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington, and Wisconsin. In addition, Nebraska passed a law mandating they implement a program by January 1, 2011.

Several states have or will require lenders to participate.

• Pennsylvania: July 1, 2008
• Louisiana: January 1, 2010 http://www.legis.state.la.us/billdata/streamdocument.asp?did=504220
• Arizona: May 31, 2010 http://www.azleg.gov/FormatDocument.asp?inDoc=/legtext/49leg/1r/summary/h.sb1293_06-22-09_astransmittedtogovernor.doc.htm
• Wisconsin: July 1, 2010 http://www.dot.wisconsin.gov/business/dealers/financial-inst.htm
• Nebraska: January 1, 2011 http://www.dmv.ne.gov/dvr/ELT.html
• California: January 1, 2012 http://www.leginfo.ca.gov/pub/09-10/bill/asm/ab_1501-1550/ab_1515_bill_20091011_chaptered.pdf

Benefits of ELT for Jurisdictions

• Improved data accuracy resulting from the electronic exchange of data (reduction in typographical errors).
• Improved timeliness of data exchange (no more waiting for the mail).
• Reduction in the use and control of secure forms (paper costs).
• Reduction in mailing and printing costs.
• Improved data and forms security.

Benefits of ELT for Lienholder

• Potential staff reduction in areas associated with filing, retrieval and mailing of paper titles.
• Reduction of storage space needed for filing and storing paper titles.
• Ease of processing for dealer transactions.
• Reduction in fraud.

Service Providers

Decision Dynamics, Inc. PO Box 2078 Lexington,SC 29071 1-803-808-0117 Website

FDI 9750 Goethe Road Sacramento, CA 95827 1-916-854-5466 Website

PDP Group, Inc. 10909 McCormick Road Hunt Valley, MD 21031 1-410-584-2099 Website

VinTek 1735 Market Street 9th Floor, Suite 900 Philadelphia, PA 19103 1-215-563-3320 Website