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Notary
Bonded title process ?
If someone sold, donated or bequeathed a vehicle to you without a certificate of title, or if you lost the title to one of your company vehicles, a Texas bonded title replaces your original title. You must be a Texas resident or your vehicle must be titled in Texas for you to take advantage of the Texas bonded title process.
Surety Bond Definition :
A Surety Bond is a generic name for all bonds. Surety Bonds are usually required by the state or Federal Government. There are three parts of a Surety Bond, the first is the Obligee. They are the entity requiring the Bond. Second is the principal. The Principal is the person whom will perform the contractual obligations set forth in the Bond Form. The third part is the Surety Company. They are the entity who will be insuring the Bond.
Texas Certificate of Title Surety Bond:
The Texas Certificate of Title Surety Bond is required by the Texas Department of Transportation. The bond amount required is determined by the DOT. Please make sure to verify with them first what the bond amount should be. When the title of a vehicle is damaged or cannot be produced, they generally request you to obtain a surety bond. The bond is very easy to obtain, all we need is a filled out application.....
Lost Titles:
A duplicate title is the easiest, fastest, and least expensive way to replace a title.
What you will need:
1) Identification from the registered owner
2) A signed form VTR-34
3) A release of lien
If you are unable to contact the registered owner and/or the lien holder then you will need a bonded title.
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