How to Get a North Carolina Bonded Title
This North Carolina bonded title license guide is for informational purposes only. SuretyBonds.com does not regulate or manage registrations for bonded titles. Contact the State of North Carolina for the latest official requirements.
A North Carolina bonded title is a legal document that establishes vehicle ownership when the original title is unavailable or can not be transferred. It allows individuals who purchase a vehicle without a proper title to obtain legal ownership.
Title bonds protect the North Carolina Department of Transportation and future vehicle owners from financial losses or damages. Continue reading for step-by-step instructions, application costs and bonding information.
Who Needs a North Carolina Bonded Title?
North Carolina General Statutes Chapter 20 Section 76 requires individuals without proof of vehicle ownership to file a surety bond. Typically, you will need a bonded title under any of these conditions:
- You did not receive a title when you bought the vehicle.
- The title you received was incorrectly assigned to you.
- You received a title but lost it before transferring it into your name.
How to Apply for a Bonded Title in North Carolina
Simply follow the steps below to get your North Carolina bonded title(s).
Step 1: Fill out an Affidavit of Facts
Complete the Affidavit of Facts to Accompany Indemnity Bond (form MVR-924). This document outlines why a bonded title is necessary. You’ll need to sign in front of a licensed notary.
Step 2: Complete a vehicle inspection
Schedule a vehicle inspection with an inspector licensed by the North Carolina Division of Motor Vehicles. You’ll need the inspector’s report and an odometer reading to submit with your bonded title application.
Step 3: Get a vehicle appraisal
Determine your vehicle’s value by visiting your local NCDMV office or by calling the NCDMV at (919) 715-7000. If you are registering a mobile home or another vehicle not listed in the Value Schedule, you’ll need to provide appraisals from two separate North Carolina dealers.
Step 4: Purchase and file a surety bond
You can buy your North Carolina certificate of title bond online 24/7 at SuretyBonds.com. Your premium cost will be based on your vehicle value and bond amount, starting at $100 for the required three-year term.
Step 5: Schedule an emissions inspection, if necessary
Emissions inspections are only required for some counties in North Carolina. Before a license plate can be issued, the vehicle must pass inspection at an authorized inspection station. However, you may be exempt if the vehicle meets any of these criteria:
- Less than 3 years old or has under 70,000 miles
- Over 20 years old
- Diesel-operated
- Registered as a farm vehicle
Step 6: Submit your application
Finally, submit your completed application and supporting documents to your local DMV:
- Odometer reading
- Indemnity bond
- Inspector’s report
- Affidavit of Facts to Accompany the Indemnity Bond
- Notarized title application
- Emissions inspection report, if applicable
You must pay title and registration fees, as well as any applicable state and local taxes. Please refer to Title Fees for further information.
Once approved, you can expect to receive your title bond within a few weeks.
How Much Does a North Carolina Bonded Title Cost?
North Carolina title bond costs start at $100. The exact cost will vary depending on the vehicle type and fees required by the North Carolina Department of Transportation.
Do I Need to Renew My Bonded Title?
No, your North Carolina bonded title and title bond will expire three years from the effective dates and won’t require renewal.
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Last Updated: July 12, 2024
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