[Code of Federal Regulations]
[Title 8, Volume 1]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 8CFR274.18]

[Page 664]
 
                     TITLE 8--ALIENS AND NATIONALITY
 
CHAPTER I--IMMIGRATION AND NATURALIZATION SERVICE, DEPARTMENT OF JUSTICE
 
PART 274--SEIZURE AND FORFEITURE OF CONVEYANCES--Table of Contents
 
Sec. 274.18  Provisions applicable to particular situations.

    (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 Sec. 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 Sec. 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 Sec. 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.