What is a bonded title in Massachusetts?
You may need a bonded title in Massachusetts if you have an undocumented vehicle. Your vehicle is considered “undocumented” if you don’t have all the necessary documentation to transfer ownership and apply for a standard certificate of title.
A bonded title allows you to claim ownership of your car without a title. It’s a certificate of title with a surety bond (called a title bond) attached. In Massachusetts, this bond is also called an undocumented title bond.
Once you have your bonded title, you can legally register, insure, sell, or donate your vehicle.
Get Your Massachusetts Title Bond:
- If you have an undocumented vehicle in Massachusetts, you may need a bonded title.
- Once you have your bonded title, you can legally register, insure, sell, or donate your vehicle.
- The surety bond guarantees the state and parties with security interests in your vehicle that you are the actual owner.
- Your certificate of title fee will be $75, and your title bond could be as low as $100.
Who needs a bonded title in Massachusetts?
If you don’t have a title because you never received one, the title was defective, or you lost it before transferring it to your name, you may need a bonded title in Massachusetts.
A title bond guarantees the state and parties with security interests in your vehicle that you are the actual owner. In other words, the bond provides financial protection for the legitimate owner(s). If someone claims that you aren’t the legal owner or says there’s a lien on your vehicle, your surety must compensate the injured party. You must then repay your surety in full.
How to Get a Bonded Title in Massachusetts
To obtain a valid certificate of title in Massachusetts, first, contact the Massachusetts Registry of Motor Vehicles to see if you qualify for a bonded title. If you do, follow these steps.
1. Get a Notarized Affidavit.
The Notarized Affidavit should attest to the complete history of your vehicle (as well as you know it). The affidavit must include your car’s VIN (Vehicle Identification Number), make, and model year.
2. Complete a Proof of Visual Inspection form.
Your vehicle must be inspected at a state police barracks or a local police station. The inspector must fill out and sign the Proof of Visual Inspection form after visually examining the VIN.
3. Include documents related to the transfer of ownership of your vehicle.
This may include a bill of sale or canceled check.
4. Get a title bond from a surety provider.
Your bond amount must be equal to one and a half times the clean trade-in value of your vehicle as calculated by the National Automobile Dealers Association (NADA). Apply for your bond today by starting your application below.
5. Submit your application.
Submit your title bond and other documents to the Massachusetts RMV along with a Registration and Title Application.
Your certificate of title fee will be $75, and your title bond could be as low as $100 (for three years). If no one files a claim on your bond during the three-year bond period, you can apply for a clean certificate of title in Massachusetts. Your bonded title will automatically expire.
Get a Title Bond in Massachusetts
The experts at ZipBonds can help you obtain the bond you need. To connect with one of our team members, please give us a call at 888-435-4191 or email us at firstname.lastname@example.org. We’ll walk you through the process for title bonds to help you get bonded in a flash.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.