Massachusetts Title Bonds

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Surety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Massachusetts title bond needs.

What Are They?

A title bond is a prerequisite for getting a bonded title (also known as an undocumented bonded title). If you don’t have a standard title for a vehicle you own, you won’t be able to register, sell, donate, or transfer it to someone else.

A bonded title will allow you to do the same things that a regular title permits, but with one important caveat—if anyone shows up while that title bond is in effect and has proof of ownership of the vehicle or a lien against it, you’ll be responsible for compensating the legitimate owner or lienholder for the financial loss caused by your own claim of ownership.

A Massachusetts title bond provides financial protection not only for a legitimate owner of the vehicle for which you obtained a bonded title, but also for the Registry of Motor Vehicles, Title Department. The bond relieves RMV of any legal responsibility for having issued you the bonded title.

Who Needs Them?

Here are the most common reasons for needing a Massachusetts title bond:

  • You did not receive a title from the party that sold you the vehicle.
  • You did receive a title from the seller, but it was lost or stolen before you could register the vehicle in your own name.
  • You received a title that has been damaged or altered in some way that makes it invalid.

If the vehicle is registered to you but the title has since been lost or stolen, you don’t need to go through the bonded title process. Simply apply for a replacement title, as you are already the owner on record.

Speak with a Surety Bond Professionals agent today to discuss your bonding needs.

How Do They Work?

The RMV will determine the required bond amount based on their appraisal of the vehicle’s value. The bond value will be 1 ½ times the appraised value. Before you can purchase a Massachusetts title bond, however, you’ll need to have a state or local police officer do a VIN inspection and submit the inspection report with a notarized affidavit attesting to your ownership of the vehicle to the Title Division (Title Review Officer) for approval to purchase a title bond.

A Massachusetts title bond will remain in force for three years. If nobody surfaces to claim ownership of the vehicle within three years, your bonded title will be replaced with a standard title. However, if someone does file a claim against the title bond, the surety will pay it and then seek reimbursement from you. You and you alone are legally obligated to pay claims against your title bond. By paying a claim in advance, the surety is simply expediting payment to the claimant while giving you some time to come up with the necessary funds.

What Do They Cost?

Most surety bond companies charge only a small flat fee for a Massachusetts surety bond.

Get a Quote

Our surety bond professionals will get you the Massachusetts title bond you need at a competitive rate.