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What is a Bonded Title?

A bonded title is a way to protect the State against the potential of a fraudulent claim of vehicle ownership. By providing the bond, you are setting money aside as a guarantee of your claim to be taken by the State of New York in case you violate its terms. For example, if your ownership claim is proved to be fraudulent, the state will take the bond and you will be liable to pay it back to the bonding agency.

This process is handled by the Department of Motor Vehicles (DMV). If you have any questions throughout the application process, you can call us at 800-921-1008.