8 C.F.R. § 274.18 Provisions applicable to particular situations.
Title 8 - Aliens and Nationality
(a) A straw purchaser is a person who purchases in his own name a conveyance for another person, the real purchaser, who has a record or reputation. A lienholder-petitioner that knows, or has reason to believe, that a purchaser of a conveyance is a straw purchaser, must satisfy the requirements of §274.15(a) of this part as to both the straw purchaser and the real purchaser to be eligible for a grant of remission of forfeiture. This provision applies where money is borrowed on the security of property held in the name of the straw purchaser for the real purchaser. (b) A petitioner engaged in the business of leasing conveyances must satisfy the requirements of §274.15(a) of this part as to all lessees and sublessees or other persons having any interest under a lease of the subject conveyance on the date of seizure of that conveyance to be eligible for a grant of remission of forfeiture. (c) In the consideration of a petition for relief from forfeiture the mere existence of a community property interest without proof of financial contribution to the purchase of a conveyance will not be deemed to have been a property interest in a seized and forfeited conveyance. (d) A petitioner that submits a petition for remission of forfeiture as a subrogee must satisfy the requirements of §274.15(a) of this part as to all prior possessors of the subrogated interest in the seized and forfeited conveyance to be eligible for a grant of remission of forfeiture.
Title 8: Aliens and Nationality
PART 274—SEIZURE AND FORFEITURE OF CONVEYANCES
§ 274.18 Provisions applicable to particular situations.
