The State of Nebraska may require a bond to obtain a title for a vehicle when the applicant is unable to provide a properly assigned Certificate of Title or Manufacturer’s Statement of Origin (MSO), if a title has not previously been issued, or the title currently has a bonded title in another state.
Nebraska title bond procedures require the applicant to acquire research on the vehicle’ s chain of ownership. The state has a very specific formal notification process and an inspection that is required before a bonded title application will be accepted. The procedures can be viewed here, https://dmv.nebraska.gov/dvr/title/bonded-certificate-title-motor-vehicletrailer. The link shows the specific instruction for the state, forms needed, and fees that are required.
The amount of the title bond must be no less than 1.5 times the current vehicle value as shown by a property tax valuation or the NADA Guide, https://www.nada.com/. If you are unable to get the value, contact the DMV and request the value. The surety bond must be submitted to the Department within 30 days of the date of issuance.
Once you have the specific instructions followed by the state and have all your necessary paperwork, you can apply for a bond with us. You will need the most current NADA value of the vehicle before filling out the application.
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.