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A Certificate of Title Surety Bond (also known as a Bonded Title, Defective Title Bond, Lost Vehicle 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.Title Bonds in Mississippi are provided for a 3 year term.
In Mississippi, there is a $9 fee for every motor vehicle title transfer (original or duplicate). A Fast Track title is also available for an additional 30 dollars if you wish expedited processing of your title application.
If you have the California Certificate of Title for the vehicle, the seller signs the title to release ownership of the vehicle. The buyer should then bring the signed title to a DMV office to apply for transfer of ownership.
Make sure to get a completed title from the seller. Complete the Application for Mississippi Title and License. Get insurance on the car and provide proof. Take this information to the DOR office, along with your license, and money for your title transfer fee, registration costs, and taxes.
In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. Once you have filled out and signed the certificate, the buyer or recipient can take the title to a local DMV office and officially transfer ownership.
Generally, the title transfer requirements include: The current title, the assignment filled in by the donor or seller, and notarized. A complete application for the replacement certificate of title.
Generally, the title transfer requirements include: The current title, the assignment filled in by the donor or seller, and notarized. A complete application for the replacement certificate of title.
Obtain a properly assigned title from the seller. Complete an Application for Mississippi Title and License (Form 78-002). Visit your local MS DOR office. Pay the appropriate title transfer fees, taxes, and registration fees.
Directly under the statement Assignment of title by registered owner, write in the date the car was sold. On the next line, write in the name or names of the buyers and their address. On the next line, write in the odometer reading. Where it says Signature(s) of buyer, the buyer or buyers must sign the title.