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Get Notice Of Determination For A Bonded Title
Date: Authorized Agent s Signature Name VTR-130-ND Rev 11/19 Authorized Agent s Printed Name Page 1 of 1.
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CHEV FAQ
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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. 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.
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If you do not have a title to provide proof of ownership for a vehicle, boat, trailer, or camper, you may need a certificate of title bond. A title bond guarantees the vehicle is yours to the DMV and will pay the value of the vehicle should there be an owner with the proper title. Title bond requirements vary by state.
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The Missouri legislature enacted the bonding requirement to ensure that the rightful vehicle owner will receive compensation if the title applicant does not actually own the vehicle. The bond will be active for three years from the date of issuance and must be in an amount equal to twice the vehicle's value.
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Bring one of the following ownership documents: - The Certificate of Title, properly signed by the seller and the buyer, or Manufacturer's Statement of Origin; - Bill of Sale (Form 1957); - Notice of Sale (Form 5049); or - An Application for Missouri Title and License (Form 108) signed by the dealer.
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Applications for bonded titles must be received within 30 days of you obtaining the title bond. Once the DMV issues a bonded title, it remains in effect for three years, after which the DMV issues a traditional title for the same vehicle.
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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. There must not be any prior application for title on the motor vehicle. If you have any questions about your vehicle qualifying for a bonded title, contact your local DMV to confirm.
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Issuance of Bonded Vehicle Title: A photo ID copy. Supporting documents to affirm your title claim. Physical inspection statement (VTR-270). The fact of bonded title Texas statement (VTR-130-SOF). Acceptance letter of application. A completed application for Texas Certificate of title form 130-U.
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To apply for a duplicate title, you must submit: An Application for Missouri Title and License (Form 108) Document, completed in full and signed, including the following: ... If applicable, a notarized Lien Release (Form 4809) is required. Submit an $8.50 duplicate title fee and a $6 processing fee.
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