{"id":1006,"date":"2013-05-02T02:44:41","date_gmt":"2013-05-02T02:44:41","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1006"},"modified":"2018-11-20T01:41:18","modified_gmt":"2018-11-20T01:41:18","slug":"connecticut-title-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/connecticut-title-bond\/","title":{"rendered":"Connecticut Title Bond"},"content":{"rendered":"<p>A <strong><a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\" rel=\"noopener noreferrer\">Connecticut title bond<\/a><\/strong> is an appropriate instrument to offer with a registration application where the original title can either not be found or has an incurable defect in form. \u00a0The use of a <strong>Connecticut certificate of title bond<\/strong> is contemplated under to separate subsections of the Connecticut motor vehicle <a title=\"CT Vehicle titling statute\" href=\"http:\/\/www.ct.gov\/dmv\/lib\/dmv\/regulations\/166.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">titling statute<\/a>. \u00a0The first subsection is (b) of CT Sec. 14-166-1, which states that upon application by the owner for a Connecticut certificate of title, either a valid out-of-state certificate of title for the vehicle shall be surrendered or a <strong>Connecticut title bond\u00a0<\/strong>shall be posted for said vehicle in accordance with the provisions of Section 14-176 of the Connecticut General Statutes.<\/p>\n<p>The second subsection is (c)\u00a0of CT Sec. 14-166-1, which states that in the event a Connecticut certificate of title exists and the motor vehicle is transferred from one owner to another, the new owner must surrender the former Connecticut certificate of title when applying for the new one or, if the certificate of title cannot be surrendered, a <strong>Connecticut certificate of title bond\u00a0<\/strong>must be posted for said vehicle in accordance with the same provisions. \u00a0The surety bond must be issued in a form prescribed by the <a title=\"CT DMV Commissioner\" href=\"http:\/\/www.ct.gov\/dmv\/cwp\/view.asp?a=803&amp;q=244568\" target=\"_blank\" rel=\"noopener noreferrer\">Commissioner<\/a> and executed by the applicant and by a person authorized to conduct surety business in Connecticut.\u00a0The surety bond must be written in an amount equal to twice the value of the vehicle as determined by the Commissioner. \u00a0The <strong>Connecticut title bond<\/strong> must indemnify any prior owner and lienholder and any subsequent purchaser of the vehicle or person acquiring any security interest in it against any expense, loss or damage, including attorney&#8217;s fees which result from the issuance of a new certificate of title. \u00a0The surety bond insures against any defect in or undisclosed security interest upon the right, title and interest of the applicant for the new title. Any interested party has a right of action to recover on the bond for any breach of its conditions.<\/p>\n<p>The <strong>Connecticut certificate of title bond\u00a0<\/strong>is returned at the end of five (5) years or prior thereto if the vehicle is no longer registered in this state and the current title is surrendered to the Commissioner. \u00a0Unless the Commissioner is aware of a pending action against the bond then the surety is released. <strong>Connecticut surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Surety One, Inc.<\/a>\u00a0requires only a simple six line\u00a0<a href=\"https:\/\/suretyone.com\/vehicle-title-bonds-vehicle-indemnity-bonds\" target=\"_blank\" rel=\"noopener noreferrer\">title bond application<\/a>\u00a0and issues the requested title bond immediately. \u00a0We offer terms regardless of applicant credit condition. \u00a0Visit us at <a href=\"https:\/\/suretyone.com\" target=\"_blank\" rel=\"noopener noreferrer\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(800) 373-280<\/span>4, or email\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for an\u00a0<strong>Connecticut title bond<\/strong>\u00a0application or for further information about surety bonding.<\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Connecticut title bond is an appropriate instrument to offer with a registration application where the original title can either not be found or has an incurable defect in form. \u00a0The use of a Connecticut certificate of title bond is&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/connecticut-title-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":2804,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[230],"tags":[2472,2007,1254,1253,1256,1255,2003,1734,1871,51,2329,17,2004,18],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Connecticut Title Bond<\/title>\n<meta name=\"description\" content=\"A Connecticut title bond is appropriate to file with a registration application where the original title can either not be found or has an incurable defect.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/connecticut-title-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Connecticut Title Bond\" \/>\n<meta property=\"og:description\" content=\"A Connecticut title bond is appropriate to file with a registration application where the original title can either not be found or has an incurable defect.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/suretyone.com\/blog\/connecticut-title-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"Surety One, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Surety1\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Surety1\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-02T02:44:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-20T01:41:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/suretyone.com\/blog\/wp-content\/uploads\/connecticut-certificate-of-title-bond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:site\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"C. 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