Get Break Bond Title Montana

Montana certificate of title bond costs start at $100. The exact cost will vary depending on the surety bond amount required by the Montana Vehicle Services Bureau. Bond amounts up to $6,000 cost just $100. Bond amounts from $6,001 to $50,000 cost $15 for every $1,000 of coverage, starting at $100.

How do I get a bonded title in Montana? Complete required documents. Proof of ownership (notarized bill of sale, cancelled check, purchase invoice, etc.) Vehicle Identification Number Inspection Certificate (MV20) completed by law enforcement. Bonded Title Application (Form MV10) Submit your application.

A bonded title is just like a regular vehicle title you can still register, insure or even sell your vehicle.

Sale price is not the value of the vehicle. ✘ Photographs of the vehicle must be submitted with the MV20 showing (1) majority of the vehicle (2) the public VIN number and (3) vehicles 9 years and new, the odometer at the time of inspection. ✘ The bond stays in effect for 3 years.

To apply for a bonded title, Montana residents must complete the following steps: Step 1 – Consult the Department of Justice. ... Step 2 – Purchase a Surety Bond. ... Step 3 – Have the Vehicle Inspected. ... Step 4 – Complete the Application.

A bonded title is just like a regular vehicle title you can still register, insure or even sell your vehicle.

Average Cost: Minimum of $100 or 1.5% of the bond amount, whichever is greater. Bond Amount: Equal to the vehicle's value (more on this later)

If the department is not satisfied with the presented evidence for the ownership of the vehicle, they may be asked to give a surety bond. The bond is conditioned to indemnify a prior owner, etc in any interest against expenses, losses or damages, etc, as stated in the Montana Code.