The state may require a bond to obtain a title for your vehicle if there is insufficient evidence of ownership. This could be because the vehicle was purchased without a title, the title was lost, or the title is signed improperly. A bond may not be necessary if the vehicle is 10 or more years old and valued at $2,500 or less. You can check with Michigan Department of State to verify if a bond is necessary.
You should first find a Kelly Blue Book or NADA fair market value of the vehicle before filling out the application. The bond amount will be twice the value of the vehicle. You will enter on the application the fair market value of the vehicle and our system will adjust the bond amount.
Along with the bond, the state requires an Application for Michigan Vehicle Title, form TR-11L. You can find that form at https://www.michigan.gov/-/media/Project/Websites/sos/27lawensn/tr11L.pdf?rev=6be5049352d54627af31b5d6ff6ab0a4
This form is also included in the bond package when you purchase the bond.
Once you have purchased the bond and receive the bond package, you will take the bond, the TR-11L form, and any proof of ownership (such as a bill of sale) to the Michigan Department of State to request a title.
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.