If you do not have proof of ownership (a title) for your boat, motor vehicle, motorhome, mobile home, motorcycle or other titled property, you can provide the State of Tennessee with a Certificate of Title Bond in order to replace your lost, stolen, damaged or defective title. You will be able to register your vehicle with this new title.
Don’t overpay, apply today and get your title bond in 3 simple steps. Have questions? Contact us and talk to a title bond expert today.
Tennessee Code Annotated 55-3-103 requires individuals without official vehicle ownership proof file a surety bond for registration. Bonded titles are used for vehicles, manufactured/mobile homes, trailers, ATVs, and golf carts missing their original titles. Tennessee form RV-F1313501 is officially titled the “Motor Vehicle TIT Corporate Surety Bond,” but it’s more commonly known as a ” certificate of title surety bond,” lost title bond,” or ” bonded title.”
Tennessee does not require title surety bonds for vehicles valued less than $3,000 or for vehicles more than 30 years old. If your vehicle is more than 30 years old or valued less than $3,000, you’ll need to file a Certification of Ownership with the DOR.
Tennessee certificate of title bond costs start at $100 for the state-required 3-year term. Exact costs vary depending on the surety bond amount required by the Department of Revenue.
The Tennessee Lost Title Bond costs either $100 or 1.5% of the bond amount, whichever is greater (rates may vary for bonds greater than $25,000).
You can buy your lost title bond online. You’ll need to provide the following information for Department of Revenue approval.
Once your payment is processed, your official title surety bond will be emailed to you instantly.
Tennessee requires residents to purchase a surety bond as part of the application process to obtain a bonded title. The bond ensures that the rightful vehicle owner will not suffer a financial loss if the title applicant is seeking to obtain the title fraudulently. If the title applicant is engaging in fraud, then the rightful vehicle owner can file a claim against the bond and receive compensation up to the full amount of the bond. In short, the bond acts as a safeguard against people attempting to obtain ownership of a vehicle through unethical means.
The Tennessee Department of Revenue requires title applicants to purchase a surety bond if the applicant cannot present the department with tangible proof that they own the vehicle and are unable to contact the vehicle’s previous owner. Lost title bonds are typically required for the following reasons:
Please note this bond is required for a vehicle title to be issued. If you plan to sell vehicles, a separate Tennessee motor vehicle dealer bond is required.
The Tennessee Department of Revenue enforces vehicle registration requirements and processes duplicate/lost title applications. If you have questions about registering your vehicle or submitting a bonded title application, call 1 (888) 871-3171.
Tennessee code requires your bond amount to be 1.5 times the fair market vehicle value as determined by the DOR, which advises individuals to use an online industry assessment resource, such as the Kelly Blue Book or National Automobile Dealers Association (NADA), or request an estimate from a licensed vehicle dealer. If you need help determining your exact required bond amount, contact the Department of Revenue before purchasing your bond.
We do not conduct a credit check for bonds that are less than $25,000. At limits over $25,000, we will review your standing to determine the qualification and rates for the bond.
If the DOR requires any updates to your surety bond documentation, contact your surety provider.
The most common changes for these bonds include:
Yes, your Tennessee certificate of title bond will expire at the end of its 3-year term and won’t need to be renewed.
To apply for a bonded title, complete the following steps:
Bonded title applicants must complete the application in its entirety, and submit the following documents:
In Tennessee, bonded title applicants should submit the completed bond form, including the power of attorney, to their local county clerk’s office. The Tennessee Lost Title Surety Bond requires signatures from both the surety company that issues the bond and the bonded title applicant. If you have questions about filing your bond, email CountyClerk.Help@tn.gov. The surety company should include the following information on the bond form:
Tennessee requires all motor vehicle owners to purchase auto insurance with the following minimum limits:
Bonded title applicants must purchase and maintain a surety bond in an amount equal to one and a half times the vehicle’s value.
To avoid claims against their bond, bonded title applicants in Tennessee must ensure that they are the rightful owners of the motor vehicle.