Ally Transfer Of Equity Form PDF Details

The Ally Transfer Of Equity Form is a legally binding document that serves to transfer ownership of property from one individual or entity to another. It's commonly used when transferring an equity share in a company, but can also be executed for other types of assets - including real estate. The form should include the full name and address of the person who will receive ownership, as well as any financial arrangements made with regard to the asset being transferred. If you have questions about how this process works, contact your attorney immediately! The Ally Transfer Of Equity Form is a legal document that transfers ownership of property from one individual or entity to another.

These are some information about ally transfer of equity form. It can be useful to find out its size, the actual time needed to prepare the form, the blanks you'll need to fill in, and so on.

QuestionAnswer
Form NameAlly Transfer Of Equity Form
Form Length5 pages
Fillable?Yes
Fillable fields156
Avg. time to fill out32 min 31 sec
Other namesally credit application download, ally 3071 joint, ally form credit app, ally form

Form Preview Example

PO Box 380901

Bloomington, MN 55438-0901

Please return a completed copy of the attached application to:

Processing Center

Post Office Box 380902

Bloomington, MN 55438-0902

Or:

Fax# 866-619-8676

Please have the applicant complete the entire application. If the applicant is a business, please have the business applicant:

Include a copy of the corporate resolution (This will indicate who can sign on behalf of the business)

Include a copy of the SS-4 or verifying document for Tax Identification Number

Complete the enclosed owner verification form

Upon receipt, we will review the application for completeness. If any information is missing, we will send a missing information letter to the applicant stating what information is missing. Please note: Missing information could substantially delay the process.

If the request for transfer is approved, we will call you and let you know. It is your responsibility to relay the approval information to the applicant. In the case of an approval, a fee may be collected.

Please Note: The vehicle will be registered and titled in the state provided in the credit application’s address section. If there are two applicants, and they provide different states, we will contact the applicants and inquire which state they prefer.

If the request for transfer is not approved, we will send the applicant a notice with the reasons for our decision. Anyone other than the applicant will not receive a copy of this notice, and we recommend you stay in close contact with the applicant. Ally is not legally permitted to discuss any details of the credit decision with you. Once the processing of one application is concluded, another applicant may apply for transfer of the vehicle.

Please note: Ally is only able to process one application at a time, so please ensure you do not have multiple applicants submitting applications concurrently.

The applicant and/or co-applicant cannot apply to purchase the vehicle through a transfer of equity if they are already obligated on the account they are applying for.

In addition, if the applicant is one of two or more parties on an Ally Financial lease account, please note the following required documents for the following circumstances:

If a party on the lease is not purchasing the vehicle, a release letter from the party not purchasing the vehicle is required. This release letter must be signed and notarized.

If the applicant is one of two or more parties on an Ally Financial lease account and is interested in exercising any of the above options, please contact us for more information.

If you have any questions, please do not hesitate to call our toll free number listed below.

Sincerely,

Ally Financial

1-866-718-8019 Option 3 then Option 1

<![endif]>┌VEHICLE┐ ┌─ CO-APPLICANT INFORMATION ─┐ ┌────APPLICANTINFORMATION───┐

<![endif]>┌─ SIGNATURES─┐

Application Type:

 

 

 

 

Transaction Type:

 

 

 

VIN:

 

 

 

 

 

Individual

Business

 

Retail

 

 

Lease

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Last Name (or trade name of business)

 

 

First

 

 

 

 

Middle Initial

 

Suffix (Jr.)

 

 

Date of Birth

Soc. Sec. # (or Tax ID #)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Home (or business) Phone Number

 

Type of Enterprise

 

 

 

 

Type of Business

 

 

 

 

 

Years in Business

 

 

 

 

 

 

Corporation

Partnership

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LLC

Proprietorship

 

 

 

 

 

 

 

 

Years

Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Present Address

 

 

 

 

 

 

 

 

 

Zip Code

 

City

 

 

 

 

 

 

State

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Time at Present Address

 

Residence Type

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monthly Rent/Mortgage Payment

Years

Months

 

 

Owns Outright

Buying

Renting/Leasing

 

Family

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.

Present Job Title

 

 

 

 

 

Present Employer

 

 

 

 

 

 

 

 

 

 

Employer Phone Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Time at Present Job

 

 

 

 

Gross Income

 

 

 

 

 

 

 

Income Received

 

Years

Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monthly

Yearly

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Last Name (or trade name of business)

 

 

First

 

 

 

Middle Initial

 

Suffix (Jr.)

Date of Birth

 

 

Soc. Sec. # (or Tax ID #)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Home (or business) Phone Number

 

Type of Enterprise

 

 

 

 

Type of Business

 

 

 

 

 

Years in Business

 

 

 

 

 

Corporation Partnership

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LLC

Proprietorship

 

 

 

 

 

 

 

 

 

 

Years

Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Present Address

 

 

 

 

 

 

Zip Code

 

 

 

City

 

 

 

 

 

 

 

 

State

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Time at Present Address

Residence Type

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monthly Rent/Mortgage Payment

Years

Months

 

Owns Outright

Buying

Renting/Leasing

Family

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alimony, child support, or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.

Present Job Title

 

 

 

 

Present Employer

 

 

 

 

 

 

 

Employer Phone Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Time at Present Job

 

 

Gross Income

 

 

 

 

Income Received

 

 

 

Years

Months

 

 

 

 

 

 

 

 

 

 

 

Monthly

Yearly

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mileage:

 

 

 

Make:

 

 

Model:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NEAREST RELATIVE OR FRIEND NOT LIVING WITH YOU:

 

 

 

 

 

 

 

 

 

 

 

 

NAME

 

 

 

 

 

 

 

 

PHONE

 

 

 

 

 

 

 

ADDRESS

 

 

 

 

CITY

 

 

 

STATE

 

 

ZIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IMPORTANT INFORMATION ABOUT OPENING A NEW ACCOUNT AT ALLY FINANCIAL

To help the United States Government fight terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person that opens an account. What this means for you: When you open an account, we will ask for your name, a physical street address, date of birth, and an identification number such as a social security number or tax identification number. We may also ask to view your driver’s license or other identifying documents. We appreciate your cooperation.

We intend to apply for joint credit. Applicant

 

Co-Applicant

 

(initials only)

See other side (2nd page) for important notices. By signing below, I certify that I have read and agree to the terms of this application including terms on the other side.

 

 

Date

 

 

 

Date

 

 

 

Applicant’s Signature

 

Co-Applicant’s Signature

 

 

 

 

3071 JOINT 7/2010 (Joint Express Application) Copyright 2010 Ally Financial. All Rights Reserved.

 

 

Version printed from ally.com

By signing this application, I certify that the information in my application is complete and true. I authorize the dealer, Ally Financial, Ally Bank, a/k/a Ally Capital in Hawaii, a/k/a Ally Capital Corp. in Mississippi, Montana, New Jersey, and Wisconsin, and a/k/a Ally Bank Corp. in New Mexico, to investigate my credit and employment history, obtain credit reports, and release information about their credit experience with me. If an account is created, I authorize the obtaining of credit reports for purposes of reviewing or taking collection action on the account, or for other legitimate purposes associated with this account. I agree that you and any assignee of the financing contract or lease may monitor and record telephone calls regarding my account to assure quality of service or for other reasons. I expressly consent to your using electronic or verbal means to contact me by prerecorded or artificial voice messages, text messages, and/or automatic telephone dialing systems using any cellular telephone number I provide, now or in the future, that I am authorized to use regardless of whether charges are incurred. I consent to you contacting me by email to any email address I have provided or may provide in the future.

CONSUMER NOTICES BY STATE

Notice to California Residents: IF MARRIED YOU MAY APPLY FOR CREDIT SEPARATELY AS AN INDIVIDUAL.

Notice to Maine, Rhode Island, and Tennessee Residents: You must have physical damage insurance covering loss or damage to the vehicle for the term of any contract. For a lease, you must also have the liability insurance described in the lease. You may buy this insurance from anyone you choose. You do not have to buy it from someone affiliated with the dealer or an assignee of this contract. Your choice of insurance will not affect the credit approval process unless the insurance does not satisfy the contract requirements or the insurance company does not satisfy the reasonable standards of the dealer or an assignee of the contract.

Notice to New Hampshire Residents: If you are applying for a balloon payment contract, you are entitled, if you ask, to receive a written estimate of the monthly payment amount for refinancing the balloon payment in accord with the creditor’s existing refinance programs. You would be entitled to receive the estimate before you enter into a balloon payment contract. A balloon contract is an installment sale contract with a final scheduled payment that is at least twice the amount of one of the earlier scheduled equal periodic installment payments.

Notice to New York Residents: Consumer reports may be requested in connection with this application. Upon request, you will be informed whether or not a consumer report was requested and, if it was, of the name and address of the consumer reporting agency that furnished the report. Additional consumer reports may be requested with respect to any extension or renewal of this obligation.

Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio civil rights commission administers compliance with this law.

Notice to Rhode Island Residents: Consumer reports may be requested in connection with this application.

Notice to Wisconsin Residents:

Please Indicate: Married

Unmarried (includes single, divorced, widowed)

Separated

If married or separated and spouse is not a co-applicant please provide:

Non-applicant spouse’s name________________________________________________________________

Non-applicant spouse’s address______________________________________________________________

Notice: The interest of the creditor will not be adversely affected by a provision of a marital property agreement, a unilateral statement under Wisconsin Statutes § 766.59 or a court decree under Wisconsin Statutes § 766.70, unless you furnish a copy of such agreement, statement or decree to the creditor, or the creditor has actual knowledge of such provision before credit is granted.

NON-APPLICANT SPOUSE’S WAIVER OF NOTICE: I agree to waive notice of any extension of credit in connection with this application.

Non-applicant spouse signs (if available)__________________________________Date_________________

Page 1 of 2

Certification Regarding Beneficial Owners of Legal Entity Customers

I. General Instructions

What is this form?

To help the government fight financial crime, federal regulation requires certain financial institutions to obtain, verify, and record information about the beneficial owners of legal entity customers. Legal entities can be abused to disguise involvement in terrorist financing, money laundering, tax evasion, corruption, fraud, and other financial crimes. Requiring the disclosure of key individuals who ultimately own or control a legal entity (i.e., the beneficial owners) helps law enforcement investigate and prosecute these crimes.

Who has to complete this form?

This form must be completed by the person opening a new account on behalf of a legal entity.

For the purposes of this form, a legal entity includes a corporation, limited liability company, partnership, and any other similar business entity formed in the United States or a foreign country or a statutory trust.

What information do I have to provide?

This form requires you to provide the name, physical address, date of birth and social security number (or passport number or other similar information, in the case of Non-U.S. Persons) for the following individuals (i.e., the beneficial owners and controlling party):

(i)Each individual, if any, who owns, directly or indirectly, 25 percent or more of the equity interests of the legal entity customer (e.g., each natural person that owns 25 percent or more of the shares of a corporation); and

(ii)An individual with significant responsibility for managing the legal entity customer (e.g., a Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice President or Treasurer).

The financial institution may also ask to see a copy of a driver’s license or other identifying document for each beneficial owner listed on this form.

II. Certification of Beneficial Owner(s)

Persons opening an account or maintaining a business relationship on behalf of a legal entity must provide the following information:

Account Information (VIN or Account Numer):

A. Entity Legal Name:

B. Trade Name:

Type of Organization:

Corporation

Partnership

Limited Partnership

Proprietorship

Limited Liability Company

Other

C. The following information for each individual, if any, who, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25 percent or more of the equity interests of the legal entity listed above. If no individual meets this definition, please check “Beneficial Owner Not Applicable” below and skip this section.

Beneficial Owner Not Applicable

-For a person with a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), provide the (SSN/ITIN).

-For a Non-U.S. Person without a (SSN/ITIN), provide a Passport Number and Country of Issuance. In lieu of a passport, a Non-U.S. Person may also provide an Alien ID card number, or number and country of issuance of any other government-

issued documents evidencing nationality or residence and bearing a photograph or similar safeguard. - If a Beneficial Owner also has managerial control, please check the applicable box indicating this.

Beneficial Owner 1 Information:

_______% of ownership

Managerial Control

Individual Name

 

 

 

Street Address

 

 

 

 

 

 

 

 

 

 

 

Date of Birth

 

 

 

Address Line 2

 

 

 

 

 

 

 

 

 

 

TIN Type

 

 

 

City

State

County

 

SSN

ITIN

Non-U.S. Passport

Non-U.S. Other ID

 

 

 

 

Number:______________________ Country of Issuance____________

 

 

 

 

Beneficial Owner 2 Information:

_______% of ownership

Managerial Control

Individual Name

 

 

 

Street Address

 

 

 

 

 

 

 

 

 

 

 

Date of Birth

 

 

 

Address Line 2

 

 

 

 

 

 

 

 

 

 

TIN Type

 

 

 

City

State

County

 

SSN

ITIN

Non-U.S. Passport

Non-U.S. Other ID

 

 

 

 

Number:______________________ Country of Issuance____________

 

 

 

 

Page 2 of 2

Certification Regarding Beneficial Owners of Legal Entity Customers

Beneficial Owner 3 Information:

_______% of ownership

Managerial Control

Individual Name

 

 

 

Street Address

 

 

 

 

 

 

 

 

 

Date of Birth

 

 

 

Address Line 2

 

 

 

 

 

 

 

 

 

TIN Type

 

 

 

City

State

County

SSN

ITIN

Non-U.S. Passport

Non-U.S. Other ID

 

 

 

Number:______________________ Country of Issuance____________

 

 

 

Beneficial Owner 4 Information:

_______% of ownership

Managerial Control

Individual Name

Street Address

 

 

 

 

 

 

 

Date of Birth

 

 

 

Address Line 2

 

 

 

 

 

 

 

 

 

TIN Type

 

 

 

City

State

County

SSN

ITIN

Non-U.S. Passport

Non-U.S. Other ID

 

 

 

Number:______________________ Country of Issuance____________

 

 

 

D. The following information for one individual with significant responsibility for managing the legal entity listed above, such as:

-An executive officer or senior manager (e.g., Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice President, Treasurer); or

-Any other individual who regularly performs similar functions.

(If appropriate, an individual listed under section (C) above may also be listed in this section (D)).

Individual with Control Information

Individual Name

 

 

 

Street Address

 

 

 

 

 

 

 

 

 

 

 

Date of Birth

 

 

 

Address Line 2

 

 

 

 

 

 

 

 

 

 

TIN Type

 

 

 

City

State

County

 

SSN

ITIN

Non-U.S. Passport

Non-U.S. Other ID

 

 

 

 

Number:______________________ Country of Issuance____________

 

 

 

 

Certified/ Agreed To

 

 

 

I,

 

 

hereby certify, to the best

 

Print Name

 

Title

 

of my knowledge, that the information provided above is complete and correct.

Signature

Date

How to Edit Ally Transfer Of Equity Form Online for Free

It is very easy to complete the ally 3071 joint empty blanks. Our PDF tool can make it virtually effortless to prepare any specific PDF. Listed below are the only four steps you'll want to follow:

Step 1: The very first step would be to choose the orange "Get Form Now" button.

Step 2: The file editing page is now open. You can add text or modify current data.

If you want to obtain the form, provide the details the application will require you to for each of the following sections:

ally credit application blank fields to fill out

Type in the appropriate information in the field T, NACL, PP, AOC ELCHE, V S, ERU, TANGS Present, Job, Title Present, Employer Employer, Phone, Number Time, at, Present, Job Gross, Income Months, Years, Income, Received Monthly, Yearly, Mileage, and Make.

ally credit application blank TNACLPPAOC, ELCHEV, SERUTANGS, PresentJobTitle, PresentEmployer, EmployerPhoneNumber, TimeatPresentJob, GrossIncome, Months, Years, IncomeReceived, Monthly, Yearly, Mileage, and Make blanks to complete

You will be required to type in the details to let the system fill out the section S, ERU, TANGS Co, Applicants, Signature Date, Date, and Version, printed, from, ally, com

step 3 to finishing ally credit application blank

The Non, applicant, spouses, name and Non, applicant, spouses, address area is going to be place to place the rights and responsibilities of all parties.

Nonapplicantspousesname, and Nonapplicantspousesaddress in ally credit application blank

Finish by looking at the following fields and completing them as required: Limited, Liability, Company Corporation, Partnership, Limited, Partnership Proprietorship, Beneficial, Owner, Not, Applicable of, ownership Managerial, Control Street, Address Address, Line DateofBirth, TIN, Type S, SN IT, IN and Non, US, Passport

Completing ally credit application blank part 5

Step 3: Click the "Done" button. At that moment, it is possible to export your PDF file - download it to your electronic device or forward it through electronic mail.

Step 4: You could make duplicates of your file tokeep away from any kind of possible problems. Don't be concerned, we don't share or track your information.

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