Bonded Title Application or Tax Collector Hearing Statement of Fact 2025

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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.
Bonded titles are titles associated with your vehicle and are issued to you when the original title is assigned incorrectly or is missing. When you apply for a bonded vehicle title you are required to pay a surety bond that ensures you are the true owner of the vehicle in which you are trying to gain a new title.
If you do not have a title to provide proof of ownership for a vehicle, boat, trailer, or camper, you may need a certificate of title bond. A title bond guarantees the vehicle is yours to the DMV and will pay the value of the vehicle should there be an owner with the proper title.
Most of the time, it is okay to purchase a car with a bonded title. However, you would need to transfer the owner of the bonded title to your name or buy a branded new bonded title with your name on it. The key is always asking for the title before you purchase the car.
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.

People also ask

Bonded titles are a great way for buyers to protect themselves, but keep in mind that theyre only a temporary fix. In most states youll need to hold the title for a specific period, maybe years, before youre allowed to apply for a regular title.
You can still sell your car while it has a bonded title, although youll need to disclose to any potential buyers that the car has a bonded title. The person who purchased the bonded title will remain responsible for the surety bond until the title becomes clear.
A Bonded Title and a regular title function exactly the same and allow you to register, insure and sell your vehicle. The bonded brand can be removed from your title usually within 3-5 years (depending on the state you live in). The 3-5 year time period starts from the date the original bonded title was issued.

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