Understanding Bonded Titles And When You May Need One For Your Vehicle
Getting a new title for most vehicles is as easy as reassigning the vehicle's title to a new owner by filling out the information on the back and presenting it to the DMV (department of motor vehicles). If the original title to the vehicle is lost or destroyed, bonded titles are often the easiest way to sell or transfer ownership of the vehicle legally.
Title Bonds
The vehicle title issued when a car or truck is new follows the vehicle through its lifetime and is reassigned to a new owner each time the vehicle is sold.