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How much does it cost to be bonded in Illinois?

An Illinois surety bond costs between $250 and $15,000, based on the bond type required. Mortgage brokers working in Illinois need a bond up to $15,000 while the bond requirement for auto dealers is $50,000, for example.

How long does it take to get approved for a bonded title?

Once you receive your bond, take it to your licensing office and file for a bonded title. The approval process can then take 45 weeks depending on the state.

How much does it cost to get a bonded title in Illinois?

How Much Do Vehicle Title Bonds Cost in Illinois? Illinois title bonds cost $100$600 for most applicants. With SuretyBonds.com, youll pay $20 per $1,000 of coverage for bond amounts up to $50,000 with a $100 minimum.

How to get a bonded title for a car in Illinois?

How to Get a Bonded Title In Illinois Step 1: Prove your right to the vehicle. Step 2: Appraise the vehicle. Step 3: Purchase an Illinois title bond. Step 4: Complete and submit an application. Step 5: Submit the proper tax documents. Step 6: Release any existing liens.

What are the bond requirements in Illinois?

Appraisal management company Illinois bond - companies that carry out appraisals on real estate are required to post a $25,000 bond. The bond ensures that appraisal companies adhere to the rules and regulations that are set for valuing pieces of real estate.

how to get a bonded title in illinois

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