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KAREN COMPHER 6-5723 MAKE GMC TITLE ISSUE DATE 02/23/2018 A MVR-191 (Reverse) Federal and State law requires that you state the mileage in connection with the transfer of ownership. Providing a false statement or failing to properly complete this form may result in fines and/or imprisonment.
A North Carolina motor vehicle power of attorney (Form MVR-63) is a document in which an individual names someone else to represent them in motor vehicle transactions.
What Do North Carolina Surety Bonds Cost? Surety bonds generally cost 1-15% of the required bond amount. Costs vary significantly depending on the bond amount you need and your rate (which is the percentage of the full bond amount you must pay).
How to Apply for a Bonded Title in North Carolina Step 1: Fill out an Affidavit of Facts. Step 2: Complete a vehicle inspection. Step 3: Get a vehicle appraisal. Step 4: Purchase and file a surety bond. Step 5: Schedule an emissions inspection, if necessary. Step 6: Submit your application.
Purchase a title (indemnity) bond. Your indemnity bond must be 1.5 times the current value of your vehicle. That means if your vehicle is worth $4,000, you will need a $6,000 bond. These bonds often cost only $100 to purchase and are instantly issued. The bond must remain active for three years.
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People also ask

Yes a vehicle with a bonded title is not worth as much as one with a regular clear title. Until that 3 year time period has passed the last owner of record can claim the vehicle and the person holding the bonded title has no legal recourse.

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