SCDMV Form ELT-4. ELT Data Users Acknowledgment of Duty of Non-Disclosure and Due Diligence

The ELT-4 form, also known as the ELT Data Users Acknowledgment of Duty of Non-Disclosure and Due Diligence form, is used by motor vehicle lenders and lienholders to acknowledge their responsibilities and obligations when accessing and using Electronic Lien and Title (ELT) data provided by the South Carolina Department of Motor Vehicles (SCDMV). The form includes sections for providing the lender's or lienholder's information, acknowledging the duty of non-disclosure, and agreeing to exercise due diligence in protecting the confidentiality and integrity of the ELT data.

Important Fields: The form requires the lender or lienholder to provide their contact information, including name, address, phone number, and email address. They are also required to provide information about their business or organization.

Considerations: It is important for lenders and lienholders to carefully read and understand the obligations outlined in this form before accessing and using ELT data. They should ensure that they have appropriate security measures in place to protect the confidentiality and integrity of the data.

Application Example: A motor vehicle lender in South Carolina would use this form to acknowledge their responsibilities and obligations when accessing and using ELT data provided by the SCDMV as part of their lienholder services.