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How does a bonded title work in Arkansas?

An Arkansas Bonded Title (also known as an Arkansas Certificate of Title, Arkansas Lost Title Bond, or Arkansas Defective Title Bond) is a document that proves you own your vehicle. A bonded title is just like a regular title but it is marked \u201cbonded\u201d, meaning that it has a surety bond attached to it.

How much does a bonded title cost in the state of Arkansas?

Average Cost: Minimum of $100 or 1.5% of the bond amount, whichever is greater. Bond Amount: Equal to one and a half times the value of the vehicle as determined by the Commissioner of Revenue. Who Needs it: Vehicle title applicants in Arkansas who do not have adequate proof of ownership.

Can you get a bonded title for a motorcycle in Arkansas?

ISSUANCE OF A BONDED TITLE If applying for a bonded title on a motor vehicle, this form must be accompanied by a bill of sale and verification of the motor vehicle identification number (VIN) on the form prescribed by the Arkansas State Police.

Does Arkansas accept bonded title?

Arkansas requires individuals in need of a bonded title for their vehicle to post a title bond in an amount equivalent to 1.5 times the appraised value of the vehicle. You must know the appraised value of your vehicle prior to getting bonded.

How much does a bonded title cost in the state of Arkansas?

Average Cost: Minimum of $100 or 1.5% of the bond amount, whichever is greater. Bond Amount: Equal to one and a half times the value of the vehicle as determined by the Commissioner of Revenue. Who Needs it: Vehicle title applicants in Arkansas who do not have adequate proof of ownership.

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Does Arkansas accept bonded title?

Arkansas requires individuals in need of a bonded title for their vehicle to post a title bond in an amount equivalent to 1.5 times the appraised value of the vehicle. You must know the appraised value of your vehicle prior to getting bonded.

Can you register a car with a bill of sale and no title in Arkansas?

In most cases, a completed title is sufficient to register a car to a new owner in Arkansas. However, if there is no more room on the title to record the sale, or if the seller wants to claim a tax credit towards the purchase of a new vehicle, the seller should fill out a Bill of Sale.

Can you register a car with a bill of sale and no title in Arkansas?

In most cases, a completed title is sufficient to register a car to a new owner in Arkansas. However, if there is no more room on the title to record the sale, or if the seller wants to claim a tax credit towards the purchase of a new vehicle, the seller should fill out a Bill of Sale.

How do I get a bonded title in Arkansas?

Submit your VIN inspection form, Statement of Facts, AR Lost Title Bond, and Bonded Title approval form to any regional Arkansas Office of Motor Vehicles office. Processing a vehicle title can take up to three weeks. Upon approval, your AR Bonded Title will be mailed to you. Your title will be marked \u201cbonded\u201d.

How do I register a car without a title in Arkansas?

In order to transfer ownership of a vehicle without a title in Arkansas, you need to visit your local Arkansas Department of Finance and Administration office and provide: The Vehicle Registration Application (Form 10-381). The last title owner must sign the title or list its multiple owners.

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