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How Does an O/O Lease on to Authority?

Discussion in 'Ask An Owner Operator' started by Proxy, Jul 11, 2019.

  1. Jul 11, 2019 #1
    Proxy

    Proxy Light Load Member

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    I need a little input before I call DMV and wait on hold for eternity....lol. I have an O/O that would like to lease on to our authority but says his truck is registered but needs plates. So can we put plates on the truck if we don't own it, or does he have to lease the truck to us? Also he is out of state so do we need to put plates on it from his state? Any help is appreciated!!!
     
    Proxy, Jul 11, 2019
    Proxy, Jul 11, 2019
    #1
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  3. Jul 11, 2019 #2
    Cat sdp

    Cat sdp . .

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    He can put plates in it using your authority numbers.....

    All he needs is a copy of the lease usually front and back page is enough.prove of your insurance and 2290.
     
    Cat sdp, Jul 11, 2019
    Cat sdp, Jul 11, 2019
    #2
    Proxy Thanks this.
  4. Jul 11, 2019 #3
    Proxy

    Proxy Light Load Member

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    Excellent thanks!! since his plates will be out of state will we need to register in that state for IFTA or anything else?
     
    Proxy, Jul 11, 2019
    Proxy, Jul 11, 2019
    #3
  5. Jul 11, 2019 #4
    Cat sdp

    Cat sdp . .

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    IFTA can be yours or his.....states don’t have to match.
     
    Cat sdp, Jul 11, 2019
    Cat sdp, Jul 11, 2019
    #4
    Proxy Thanks this.
  7. Jul 11, 2019 #5
    Ridgeline

    Ridgeline Road Train Member

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    Go to a lawyer and have a lease contract written to fit your needs, don't copy someone else's.

    You need a contact to be legal with both your state and the fmcsa.
     
    Ridgeline, Jul 11, 2019
    Ridgeline, Jul 11, 2019
    #5
    Proxy Thanks this.
  8. Jul 11, 2019 #6
    Proxy

    Proxy Light Load Member

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    Sep 3, 2018
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    Will he be personally responsible for the yearly taxes or does that fall on us since we are located in CT and taxed yearly on our trucks?
     
    Proxy, Jul 11, 2019
    Proxy, Jul 11, 2019
    #6
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