Need Alabama Licensing Help - Posted by Daniel

Posted by Jim on January 29, 2003 at 17:00:10:

Daniel, I realize it’s been awhile since you posted this but I just saw it today. Out of curosity, where are you in Alabama? I live in Sylacauga, about 50 miles southeast of B’ham along hwy 280.

Anyway I called the DMV (actually two different offices) and asked if I needed a license, of course I got two different answers. I was finnaly put in contact with a person who works for the state DMV but lives locally and travels to surrounding towns and cities, I guess just to have a state rep in the local office every now and then. He told me I could do 5 deals a year without being a considered a dealer.

I hope this helps. I am new and haven’t done a deal yet, if you have any info to share with me I would appreciate it. Send me an email if you like.

Need Alabama Licensing Help - Posted by Daniel

Posted by Daniel on January 08, 2003 at 24:12:43:

Anyone out there that’s actually doing Lonnie deals for a while in Alabama. After investigating with the AMHI, It appears that I need both a dealer AND salesperson license to do this.

Anyone aware of any different info? Due to nature of our business, limited # deals, etc?

Also, what about doing lease options or rent-to-owns to try to avoid dealer classification?

Thanks!