California Motor Vehicle Ownership Surety Bonds
A California Motor vehicle ownership surety bond, also known as a defective title bond, vehicle ownership bond and vehicle title bond, is required when you do not have proper evidence of ownership to transfer title. The bond is required in accordance with the California Vehicle Code Section 4157 as a guarantee to the state that they are properly transferring title on the vehicle and providing financial recourse to anyone who is harmed by improper transfer of vehicle ownership.
Why do I need a California Motor Vehicle Ownership Surety Bond?
If you do not have acceptable evidence of ownership for your Motor Vehicle, Boat, Motor Home, Mobile Home, Motorcycle or other titled property, you have the ability to provide the State of California with a Certificate of Title Surety Bond in order to get a new title so you can register your vehicle. The Bond must be in an amount equal to the appraised value of the vehicle as determined by either a written appraisal provided by a California or other state licensed dealer or motor vehicle insurance representative OR a statement of facts giving the valuation based upon information provided in a recognized industry motor vehicle valuation or pricing guide (ie Kelly Blue Book or NADA), the average of the highest and lowest values determines the amount required. Submit an online application for your Motor Vehicle Ownership Bond today it only takes a couple of mintues.
Looking for information on a lost instrument bond? California requires a Lost Instrument Bond for lost notes, trust deeds, stocks, cashiers checks and other redeemable items.
What do I need to get a California Motor Vehicle Ownership Bond?
The application is very simple and straightforward, you will need the following information to complete it:
- Your name and Home Address
- Vehicle Year, Make and Model
- Vehicle Vin # or Serial #
- Amount the bond needs to be for or the value of the vehicle
- A valid credit or debit card to pay for your bond
Low Bond rates for Motor Vehicle Ownership Surety Bonds
Certificate of Title Surety Bonds are typically 1.5% of the required bond amount for applicants with good credit. Don't worry though, bonds up to $25,000.00 do not even require a credit check and for bonds over $25,000, we have Bad Credit bonding programs that we can get your bond approved and issued with the same fast and easy service.
Get your California Certificate of Title Surety Bond Now!
Apply for your California Defective Title Surety Bond and let our expert staff get the bond you need at the lowest possible price!