The bond amount will be configured to two times the value by the system and will be no less than $100, per state regulations. You will use the value you obtained when filling out the application for a surety bond. There is no need for legal jargon or archaic terms. However, a bill of sale must be notarized if it is to serve as proof of ownership. Obtain the value of the vehicle either through Kelly Blue Book, NADA, or two appraisals from a licensed motor vehicle dealer. In some instances, the bill of sale may also need to be notarized A Missouri bill of sale can be written in plain English. In Missouri, a car title does not need to be notarized. If the vehicle was last titled in another state, verification of the title from the state it was titled in.Ī notarized lien release if any liens are on record for the vehicleĪ vehicle examination certificate which is issued by Missouri State Highway Patrol, or other law enforcement agency as authorized by the director of revenue.Ī statement certifying the odometer reading of the vehicle if less than ten years old. ![]() ![]() How to obtain a bonded title in Missouri:Īfter verifying that the vehicle qualifies for a bonded title, you will need to obtain the following information:Īn affidavit explaining how the vehicle or trailer was acquired and the reason a valid certificate of ownership cannot be furnished.Įvidence of ownership (such as a bill of sale or canceled check) If you have any questions about your vehicle qualifying for a bonded title, contact your local DMV to confirm. There must not be any prior application for title on the motor vehicle. To qualify for a bonded title in Missouri, the vehicle must be at least 7 years old and cannot have a value of more than $3,000. The State of Missouri may require a bond to obtain a title for a vehicle when the applicant is unable to provide a properly assigned Certificate of Title.
0 Comments
Leave a Reply. |