Certificate of Title

California Foreign Vehicle Ownership Bond

The California Foreign Vehicle Ownership Bond is required by the California Department of Motor Vehicles when an individual seeks to obtain a certificate of title for a foreign vehicle but cannot provide adequate proof of ownership. This bond serves as financial protection against potential fraudulent title claims.

Who Needs This Bond Individuals who have purchased or acquired a foreign vehicle and need to register it in California but lack proper ownership documentation such as a manufacturer's certificate of origin, previous title, or other acceptable proof of ownership must obtain this bond before the DMV will issue a certificate of title.

Protection and Coverage This bond protects the State of California and any prior or subsequent owners, lienholders, or other parties who may have a legitimate claim to the vehicle. If it is later discovered that the bonded individual was not the rightful owner, the bond provides financial recourse for damages up to the bond amount. The bond amount varies based on the vehicle's value as determined by the DMV.

Term and Details The bond remains in effect for three years from the date of issuance. Agents have underwriting authority up to $50,000, and qualifying applicants may receive instant approval for immediate bond issuance.