The State of Tennessee may require a bond to obtain a title for a vehicle when the applicant is unable to provide a properly assigned Certificate of Title.
To register for a bonded title in Tennessee the vehicle must not have any liens, must have a fair market value over $3,000, and be less than 30 years old.
If the vehicle meets the states criteria, the first step is to fill out a Surety Bond Application (RV-F1313201) with the state, https://www.tn.gov/content/dam/tn/revenue/documents/forms/titlereg/f1313201Fill-in.pdf. Read all instructions for a Corporate Bond and submit all the necessary documents to:
Tennessee Department of Revenue
Special Investigations (ATTN: Surety Bonds)
Andrew Jackson Building 11th Floor
500 Deaderick Street, Suite 11.125
Nashville, TN 37242
Once the department processes your documents, they will send you an approval letter with a bond form.
Next, apply for the bond. You must have the value of the vehicle that has been approved by the state. The bond amount is calculated as 1.5 times the value that is entered. Email the approval letter and bond form to email@example.com once you have filled out the application.
When you receive the bond, you will take the approval letter and bond to your local County Clerk’s office for processing.
Who and what is eligible for a surety bond: https://revenue.support.tn.gov/hc/en-us/articles/4408109901076-SB-5-Who-and-What-is-Eligible-for-Surety-Bond
TN Department of Revenue, Surety Bond Process: https://revenue.support.tn.gov/hc/en-us/articles/360060121912-VT-12-The-Surety-Bond-Process
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.