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Section 319.23(7), Florida Statutes, provides the department may accept a bond as prescribed on form HSMV 82033, along with an affidavit prescribed on form HSMV 82026, along with a completed vehicle identification number verification as provided on form HSMV 82040 or HSMV 82042, along with other specified documentation
A $7,500, 4-year notary bond in the state of Florida costs $40 through Notary Public Underwriters.
Without a valid title, a vehicle cannot be registered, insured, or sold. A bonded title allows a vehicle owner to do all of those things. The bond securing a bonded title indemnifies DHSMV if it turns out that no bonded title should have been issued and provides a way to compensate the rightful owner or a lienholder.
If the claim is valid, the Surety will pay the obligee what they are due. The Surety then looks to the principal, seeking reimbursement for the amount paid (plus any legal fees). In cases where the principal is blaming a third party for causing the default, the Surety will investigate and have a right on subrogation.
Section 319.23(7), Florida Statutes, provides the department may accept a bond as prescribed on form HSMV 82033, along with an affidavit prescribed on form HSMV 82026, along with a completed vehicle identification number verification as provided on form HSMV 82040 or HSMV 82042, along with other specified documentation
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People also ask

In Florida, a contractor surety bond is often referred to as a general contractors license bond. This type of construction bond is required if you alter or build any structure. Contractors in good financial standing can get the $25,000 bond coverage required by the state for an annual premium of $125.
To get a bonded title in Florida, complete the following steps. Fill out Part A of the Vehicle Identification Number and Odometer Verification form. Get your vehicle inspected; fill out Part B of the form. Purchase a Florida certificate of title bond. Complete the title application and affidavit.
A surety bond is an instrument under which a surety guarantees to fulfill the obligations of one party to a second party if the first party fails to perform the obligations.
The exact cost will vary depending on the surety bond amount required by the Florida Department of Highway Safety and Motor Vehicles. Bond amounts up to $6,000 cost just $100. Bond amounts from $6,001 to $50,000 cost $15 for every $1,000 of coverage, starting at $100.
A Florida DMV Certificate of Title Bond (also known as a lost title bond and defective title bond) is required if you do not have a proper title and/or transfer of title has been lost, misplaced or was never provided. If your bond amount is $10,000 or less, the cost for the bond is $150 that covers a 3 year bond term.

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