Title held in trust. The employee provides the agency with a copy of the trust document. Title held by financial institution. The employee must provide the agency with a copy of the financing document. The agency may require that the employee also provide proof of state or local laws governing secured credit.
Title includes an accommodation party or parties.
The lender requires signature of the accommodation party on the financing document. The accommodation party's name is on the title. The employee provides the agency with acceptable documentation of the accommodation. Agencies shall issue policy defining acceptable documentation of the accommodation. Title held by seller of the property.