Step #5: Return to deputy registrar and apply for a bonded title The surety bond company will mail your Minnesota lost title bond to you in the mail. Surety Solutions, A Gallagher Company does not issue Certificate of Lost Title Bonds Most people only pay $100 for their bond. You do not need to pay the full bond amount to get your bond. When applying for your bond, make sure you apply for the correct bond amount that you calculated in Step #3. You will need to purchase a surety bond from a surety bond company. Step #4: Take the bond form to surety bond company and purchase a surety bond Your bond amount will need to be 1.5x the value of your vehicle (the deputy determined the value of your vehicle in Step #2).įor example, if your vehicle is valued at $2,000, your bond amount will need to be $3,000.Ĭalculate your bond amount and move on to the next step. determine the amount of your vehicle – needed for Step #3.provide you with a Defective Title Bond form – needed for step #3.You must complete this form and get it notarized. provide you with an Affidavit Regarding Due Diligence Form.Go to your local deputy registrar office and provide your complete vehicle description, including your VIN number. If they say you qualify, move on to Step #2. To qualify, your vehicle must be six model years or older. Your local DMV is the only entity that can tell you if you are eligible for a bonded title or not.Ĭontact your local DMV, explain your situation, and ask if you could get a bonded title. How to get a Minnesota Bonded Title Step #1: Contact DMV to make sure you are eligible Not sure if you need a Duplicate Title or Bonded Title? Check out this awesome infographic. To apply for a Minnesota Duplicate Certificate of Title, complete the Minnesota Duplicate Certificate of Title Application, mail or take the MN DVS central office location, and pay the duplicate title fee ($8.25) and filing fee ($10). *If you had the title in your name, but lost it, you might be able to simply get a duplicate certificate of title. You bought a vehicle, received, then lost the title*.You bought a vehicle and received an improperly assigned title.You bought a vehicle and only received a bill of sale.You bought a vehicle and didn’t receive a title. You might need a bonded title in any of the following situations, though this is not a complete list: When You Might Need a Minnesota Bonded Title: You can learn about what it means to be bonded and how to surety bond works at the end of the article. This is a precaution that the DMV might require if you do not have a title. When you purchase a surety bond for a bonded title, you are promising that you are the true owner of the vehicle. You might be able to get a MN Bonded Title if you have no proof of ownership and if your vehicle is 6 model years or older. The “bonded” brand implies there is a surety bond attached to the title. It looks just like a regular title except in the title brand section it will say “Bonded”. Short on time? Check out our Bonded Title FAQ page.Ī Minnesota Bonded Title is a document that proves you own your vehicle. You might be able to get a Minnesota Bonded Title. If this sounds like you, you aren’t stuck. Have a car in Minnesota with no title? Perhaps you never received a title when you purchased your vehicle, or maybe you never registered the vehicle in your name and lost the title.
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