A bonded title, also known as a "Certificate of Title Surety", is a document that proves a person’s ownership of a motor vehicle. It can be used in place of a standard vehicle title in order to register a car with a Department of Motor Vehicles (DMV), buy insurance for the car, or sell the car.
In most states, bonded titles can be issued for various types of vehicles like cars, buses, trucks, motorcycles and even some RVs.
What Can a Bonded Title Be Used For?
A bonded title can be used for a number of purposes, including:
- Allowing the vehicle’s owner to buy insurance or register the car with the DMV
- Determining the ownership of a vehicle for legal purposes (ex. used car scams)
- Preventing liability for misrepresentation when selling a vehicle