What is a bonded title in Nevada?
A Nevada bonded title is a certificate of title – proving you own your vehicle – with a title surety bond attached. The surety bond allows other parties to file a claim against you if they’re harmed because of your car title issuance.
A surety company financially backs the bond. If someone files a valid claim on the bond, your surety will compensate them any money owed up to the total bond value. You must then repay them in full.
Your bond must remain active for three years – even if you sell it and transfer vehicle ownership. You can transfer ownership to another party in the state of Nevada. You may not be allowed to transfer ownership outside of Nevada. Check with the Nevada DMV to be sure.
Get Your Nevada Title Bond:
- A Nevada bonded title is a certificate of title – proving you own your vehicle – with a surety bond attached.
- If someone files a valid claim on the bond, your surety will compensate them any money owed up to the total amount of the bond.
- In Nevada, you can apply for bonded car title if you don’t have an existing title or authentic proof of ownership.
- Before applying for a bonded title, contact the Nevada DMV to ensure you’re eligible.
Why do you need a Nevada bonded title?
In Nevada, you may need a bonded title if you don’t have an existing title or authentic proof of ownership and can’t contact the previous owner to retrieve it. If you never received a title or lost it before transferring it to your name, follow the process below to apply for a bonded title.
Note: You won’t need a bonded title if you previously had a title in your name and lost it. You can apply for a duplicate title instead. Check with your DMV to determine which type of title you should apply for if you’re unsure.
How do you get a bonded title in Nevada?
Before applying, contact the DMV to ensure you’re eligible for a Nevada bonded title. Then follow this process to obtain a certificate of title successfully. Essential prerequisites include the following:
- You must be a Nevada resident.
- The vehicle must be in Nevada.
- You must request documentation from the Department of Motor Vehicle’s Title Research Section before applying for a title bond.
1. Contact the Title Research Section.
The Title Research Section located in Carson City processes bonded titles for Nevada residents. Call (775) 684-4810 to request an application.
2. Complete the Affidavit for Bonded Vehicle Title.
Fill out sections 1 and 2 of form VP 271. Then visit a DMV Full Service office, or have a sworn law enforcement officer or DMV-authorized business complete a vehicle inspection for you.
3. Submit your paperwork.
Send the Affidavit and any copies you have of ownership documents to the Title Research Section.
Nevada Department of Motor Vehicles
Title Research Section
555 Wright Way
Carson City, NV 89711
4. Fulfill additional requirements.
The Department of Motor Vehicles will conduct a brand history and vehicle theft search. They will also calculate the bond amount you need and send it to you, along with other requirements.
5. Get a title bond.
Contact a reputable surety provider like ZipBonds to obtain a title bond for the required amount (1.5 times the value of the vehicle’s Manufacturer’s Suggested Retail Price or 25% of the MSRP if you have a salvage vehicle).
Also complete the Vehicle Bond Affidavit (VP 272). Then get Part 4 of VP 271 notarized or witnessed by an authorized DMV employee.
6. Submit your paperwork.
Return all your documents to the Title Research Section. Consider using registered or certified mail. Once your application is approved, you will receive your bonded certificate of title in the mail. Then you can legitimately register your vehicle.
The cost of a Nevada bonded title is often around $100 for three years. These bonds are quickly issued. After the bond expires, there is no requirement for the bond. You will be eligible for a standard certificate of title.
Get a Title Bond in Nevada
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 email@example.com. 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.