|
Lease Facilitator
The lease facilitator license allows a person to hold himself or herself out
to be a leasing agent or leasing company. This person solicits someone to enter
a contract of agreement to lease a vehicle. A lease facilitator by definition,
is not the lessor or owner of a vehicle, but rather someone who puts the lessor,
selling dealer and lessee (buyer) together.
Lessor License The lessor license is required of a person who, under the terms of a lease
agreement in excess of 180 days, gives another person the right to possess and
use a motor vehicle that is titled in the name of the lessor.
A lessor licensee does not need to have a lease facilitator license to
facilitate leases for themselves. The lessor license includes the ability to
facilitate its own leases. However, if the lessor facilitates leases between
lessees and other lessors, they would need a lease facilitator license in
addition to their lessor license.
Leasing License Forms |
Other License Forms
| Category |
Form Number |
Title |
Format |
| PDF |
Word |
| General |
|
Payment and Mailing Instructions |
 |
 |
|
General |
LF604 |
Application to Amend Business Entity |
|
|
|
General |
LF901 |
Affidavit and Application for Duplicate License |
|
|
| Lease Facilitator |
LP024 |
New Application Information |
|
|
| Lease Facilitator |
LF501 |
New Application Form |
|
|
| Lease Facilitator |
LF601 |
Ownership and Management Form |
|
|
| Lease Facilitator |
LF522 |
Amendment Application Form |
|
|
| Lease Facilitator |
LF530 |
Lessor Exemption Form |
|
|
| Lessor |
LP024 |
New Application Information |
|
|
| Lessor |
LF501 |
New Application Form |
|
|
|
Lessor |
LF602 |
Ownership and Management Form |
|
|
| Lessor |
LF521 |
Amendment Application Form |
|
|
| Lessor |
LF530 |
Lessor Exemption Form |
|
|
The Texas Legislature writes the statutes and the Transportation
Commission writes rules that govern franchise dealers, which are contained
on the following pages:
|
