Utah Defective Title Bond
Utah Defective Title Bond Information
A Defective Title Bond (often referred to as a Bonded Title, Certificate of Title, Title Bond, or DMV Bond) allows a vehicle owner to claim ownership and register the vehicle with the state when a title has been lost, stolen or is missing. This type of surety bond protects against items such as undisclosed security interests or cases where a duplicate title has been issued. The surety bond is typically required by the current owner in order to legally transfer ownership and register the vehicle. Defective title bonds are required when the title is missing or damaged. A bond may also be required for cases of insufficient evidence of ownership for the vehicle.
How Much Does a Defective Title Bond Cost in Utah?
Bonds up to $6,500
Bonds over $6,500 up to $25,000
2% of the Bond Amount
Bonds over $25,000