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Bond selected
Lost Title
Amount
$0.00
Obligee
The DMV, MVD or other State entity
Minimum premium
$100.00
Description
If you purchase a car from a private seller (not from a car dealer) and didn’t receive a title, then you’ll need to purchase and maintain a lost title bond for a certain period. The lost title bond is a financial guarantee that you make if somebody else contests rightful ownership over the vehicle. If your bond goes unchallenged for the required duration, then the DMV can issue a new title under your name.