Acquiring Licensing & Existing Licensees

Applications

​If you have specific legal questions, please seek the advice of an attorney.

New Property Tax Lenders License Application:

Those wishing to apply for a Property Tax Lenders License must create an account and submit the application, using  ALECSPlease turn your browsers auto fill feature off prior to beginning your application. To avoid any potential glitches, please use Chrome or Firefox browsers. 

New Property Tax Lender Application Checklist -Here you will find a link to forms that may need to be uploaded into ALECS or detail that you will need to enter in the application in ALECS. 

Owners/Principal Party Guide - Here you will find a step by step guide on adding or modifying owners (principal parties)

Existing Licensees:

New location applications must be submitted online using ALECS

Changes to a license or masterfile such as a license address change, DBA update etc. must be processed in ALECS. For the menu of modifications click on Manage My Business. 

Transfer Existing License Application:

Businesses wishing to complete a transfer of license can do so using ALECS. The buyer should create a new account and initiate the process under Manage My Business.

The license transfer checklist can be found here: Property Tax Lender Transfer Checklist

A step by step transfer guide is available here (Although the guide references Motor Vehicle licenses, the process is the same): TRANSFER A LICENSE

Forms

Personal Party Required Forms:

Personal Affidavit

Personal Employment History

Personal Questionnaire

Additional Forms

Bank Confirmation

Business Operation Plan

Exemption Form: Five or Less

Exemption: Second Degree of Consanguinity or Affinity

Financial Statement

Statement of Experience

For documents presented as PDF-fillable forms, Acrobat Reader is required to view, download, and complete. You must save all forms to your computer before entering data.