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Chapter 10 – Bonds and Liens - Motor Vehicle Division NM The bond must be a General Surety Bond, Indemnity Bond or Certificate of Title Bond and must indicate that it covers all documents used to support issuance of the Title The bond must state: a
Vehicles 10G - General Surety Bond Checklist - New Mexico o From MVD, Samba or Technet records determine if there is a NM owner o If applicant does not have correct owner address, print out a suppressed NM record The applicant must make every effort to determine correct vehicle owner address
How to Get a New Mexico Bonded Title | Step-by-Step Guide - SuretyBonds. com Next, get a surety bond for two times the appraised value of your vehicle You can buy your certificate of title bond online 24 7 at SuretyBonds com Typically, New Mexico title bonds cost $15 per $1,000 of coverage, starting at $100
Surety Bonds for a New Mexico Vehicle Dealer or Auto Recycler License New Mexico vehicle dealers are required to have a MVD license and obtain a $50,000 surety bond Motorcycle dealers and auto recyclers need to have a $12,500 surety bond The license and bond will need to be renewed by March 31 of each year
New Mexico Certificate of Title Bond - Surety One, Inc. New Mexico surety bond leader, Surety One, Inc is a specialist in the bonding needs of motor vehicle dealers and private parties that wish to access the bonded title process We offer same-day issue of motor vehicle title bonds in ALL states that require them
New Mexico Auto Dealer Bond Requirements and How to Get One New Mexico law mandates that all licensed auto dealers obtain a surety bond as a financial safeguard for consumers and the state The required bond amount depends on the type of dealership: used vehicle dealers must post a $50,000 bond, while motorcycle-only dealers need a $12,500 bond
Bonded Titles – In Out MVD - In and Out MVD In Out MVD offers a streamlined process to obtain a Bonded Title and can assist you in starting the process today! A Bonded Title is a Certificate of Title which proves an individual is the owner of a vehicle but that must be accompanied by a Surety Bond