Form 78-016-10-1-1-000 Rev(09 17) 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the bond number in the designated field at the top of the form.
  3. Fill in your name and address as the Principal, ensuring all details are accurate.
  4. Next, provide the Surety's name and corporation details, including their state of incorporation.
  5. In the vehicle description section, input the make, year, model, identification number, type body, and number of cylinders.
  6. Indicate whether the vehicle is new or used by selecting the appropriate option.
  7. Complete the effective date section by entering the day and year when this bond becomes active.
  8. Ensure all signatures are obtained: Principal's signature, Agent's signature, and Surety’s Attorney-in-Fact signature.
  9. Finally, fill in your mailing address and contact information before saving or printing your completed form.

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See more Form 78-016-10-1-1-000 Rev(09 17) versions

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2017 4.4 Satisfied (58 Votes)
2010 4.1 Satisfied (28 Votes)
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If you really want the car, a bonded title is one way to do it, but its expensive and takes lots of time to end up with a clear title in your name, for most people its not worth it unless the car price is super cheap.
Title Bonds in Mississippi are provided for a 3 year term. The bond amount must be 1.5 times the appraised value of the vehicle as defined by the state. You will need this amount from the state in order to request bond pricing.
You cannot sell a vehicle with a bonded title without first obtaining the original title. If you default on the bond, the surety company may be able to seize the vehicle. A bonded title will show up on your vehicle history report.
Whats the Cost of a California Title Bond? The bond cost is typically 1%2% of the bond amount (minimum premium: $150). However, only the DMV can determine your required bond amountcontact them before applying.
Getting a Refund Refunds are not usual occurrences, nor are they required by the surety. If you are looking for a refund on your surety bond, contact the surety company that issued your bond.
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People also ask

If you paid the full amount of the bond then it will be returned to you at the end of the case (dismissed or not). However, if you simply paid a fee to a bondsman and the bondsman put up the money, you will not get a refund. The fee is what the bondsman charges for using his money to post your bond.
In some cases, the principal may cancel the bond before a project begins. Unfortunately, you likely wont receive your money back for this surety bond. The same applies to other bonds.
One of the main risks of buying a car with a bonded title is that the vehicles history may be unclear. This means that there could be hidden problems or issues that may not be immediately apparent.