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Old 04-18-2009, 12:38 PM   #1
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anyone ever done a bonded title?

i got my paperwork in to go get a surety bond to title my bike, but the paperwork also says i can file for a hearing with the tax assesor-collector.

has anyone done a hearing or a bonded title? is one easier than the other? is one cheaper than the other?

i know with a bonded title, someone could pop up and challenge ownership. can the same thing happen if i did a hearing?
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Old 04-18-2009, 03:25 PM   #2
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I don't know, but please post up what you find out. I've got a dirt bike that was never titled, I'd like to go thru the process.

P
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Old 04-18-2009, 03:30 PM   #3
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pm powersurged on here. he did a bonded title for my bike.
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Old 04-18-2009, 03:31 PM   #4
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Old 04-18-2009, 03:35 PM   #5
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Did the surity (sp) bond on one of our v-maxes
No big deal. The bond was $200 and after that get bike insurance and get plates.
Can do it all in a couple hours of leg work
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Old 04-18-2009, 03:36 PM   #6
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Thanks Michael and Clayton!
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Old 04-18-2009, 05:25 PM   #7
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Did a bonded title last year. Pay the $ and let a title agency like
Larence do it. They charge $100 flat fee. When it's done you get a
wad of paper work you hand to the chubby lady on the other side of the
counter and she gives you a title.

Easy.
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Old 04-18-2009, 05:28 PM   #8
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Quote:
Originally Posted by bentgixxer View Post
i got my paperwork in to go get a surety bond to title my bike, but the paperwork also says i can file for a hearing with the tax assesor-collector.

has anyone done a hearing or a bonded title? is one easier than the other? is one cheaper than the other?

i know with a bonded title , someone could pop up and challenge ownership. can the same thing happen if i did a hearing?
i did a bonded title when i bought my wifes ninja 250.

The original owner gave me the title, but i noticed that he signed where i had to sign, and the DPS wouldnt take it. I got the original seller to sign a second bill of sale with me that guaranteed that after I get the bonded title, he will not challenge ownership.

surety Bonded title was $120, and after 3 years, it becomes a normal title.
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Old 04-18-2009, 05:33 PM   #9
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well, what i was told about bonded titles. If some try to challenge it. the company that you bonded with pays them off. that is what the bond is for. NOW DONT QUOTE ME ON THIS. THIS IS WHAT I WAS TOLD. someone im sure will clear this up.

I need this done as well. so please chime in guys.
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Old 04-18-2009, 05:41 PM   #10
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well, what i was told about bonded titles. If some try to challenge it. the company that you bonded with pays them off. that is what the bond is for. NOW DONT QUOTE ME ON THIS. THIS IS WHAT I WAS TOLD. someone im sure will clear this up.

I need this done as well. so please chime in guys.
Yes, with a bonded title, technically, someone could challenge ownership if a title was never given upon sale.

In my case, I have a copy of the original title with the owners mess up in signature location, and his statement guaranteeing he will not challenge.


In a case where a bike was sold without title, and a bonded title was made, if a person challenges and has a copy of the original title in his posession, the bonding co will pay the orig. owner.
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Old 04-19-2009, 02:52 PM   #11
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cool, thanks everyone. ive got all the paperwork i need to go get the bonded title, alrady been through the DMV and got their " value " of the bike, and their paperwork to get the bonded title.

i was just curious. guess its time to make some phone calls tomorrow.





any particular company to use? i saw someone mentioned a name ^^ up there somewhere, but contact info would be great!
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Old 04-19-2009, 04:48 PM   #12
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http://www.lawrenceautotitle.com/continue.htm
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Old 04-19-2009, 09:50 PM   #13
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Quote:
Originally Posted by cedestech View Post
Did a bonded title last year. Pay the $ and let a title agency like
Larence do it. They charge $100 flat fee. When it's done you get a
wad of paper work you hand to the chubby lady on the other side of the
counter and she gives you a title.

Easy.
why pay any agency $100? The same paperwork for anyone to do it is here:

http://www.dot.state.tx.us/drivers_v...les/bonded.htm
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Old 04-20-2009, 12:11 AM   #14
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Quote:
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why pay any agency $100? The same paperwork for anyone to do it is here:

http://www.dot.state.tx.us/drivers_v...les/bonded.htm

thats the application to go get a surety bond for the title, ive already done that. next i have to find a company to bond the title.
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Old 04-20-2009, 12:17 AM   #15
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i used a title company near bellaire and the beltway and fsck that lawerence title place that guy is rude on the phone and said it would take 1 month...i did it local with a phone book made some calls i went on a monday morning and they had the paper work ready on a wednesday evening and i titled it thursday and murdered the streets friday.
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Old 04-20-2009, 12:26 AM   #16
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So let's say you went through the proper channels and got your title bonded. What would happen if the original owner wants their bike back and wins in court? Would you as the buyer be out the money you paid for the bike? I am trying to figure out who the surety bond really protects. The buyer or the seller?
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Old 04-20-2009, 12:32 AM   #17
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So let's say you went through the proper channels and got your title bonded. What would happen if the original owner wants their bike back and wins in court? Would you as the buyer be out the money you paid for the bike? I am trying to figure out who the surety bond really protects. The buyer or the seller?
it protects you as the buyer, in my case mine was a salvaged and the person bought the bike from a insurance company never titled it as it was a stunt/track bike and they lost the paperwork, and they couldn't file for lost title as it being in state farms name, and state farm told me to just get a bond on it. it stays bonded for 3 years and within the three years the TITLED owner can come say "HEY THATS MINE! and heres the proof" then you would forfeit the bike and the bond company would pay YOU the amount that the bike/whatever is worth. In my case state farm would never do that.
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Old 04-20-2009, 12:37 AM   #18
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pretty much i jumped through a bunch of hoops and it cost me an extra $200 to get the title instead of having a title.

now if YOUR name is on the title but you lost it, you can sell it with a bill of sale and the buyer can title it. but not the 3rd buyer and so on...i hope that makes sense

and the bonding company will make you sign a paper that states that to your knowledge this bike is clean and legit, just no title. only a bill of sale, and then you write a little summary of how you obtained the bike and why no title. In my case i said " hey this was a race bike only when bought from the insurance, i fixed it back up to OEM and for highway use"
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Old 04-20-2009, 12:42 AM   #19
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Perfect explanation! My only fear would be if I bought a bike that had a lien I didn't know about. That would REALLY screw things up beyond getting just a bonded title.
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Old 04-20-2009, 12:43 AM   #20
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http://texasautotitle.com/ <-- the company i used, very fast and was $200
they were nice little indians the place was a hole in the wall and was in a area but they had it done in three days
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