{"id":1008,"date":"2013-05-02T03:11:24","date_gmt":"2013-05-02T03:11:24","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1008"},"modified":"2017-01-03T16:20:36","modified_gmt":"2017-01-03T16:20:36","slug":"delaware-motor-vehicle-dealer-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/delaware-motor-vehicle-dealer-bond\/","title":{"rendered":"Delaware Motor Vehicle Dealer Bond"},"content":{"rendered":"<p>Among the many requirements for licensing a <strong><a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">Delaware motor vehicle dealer bond<\/a>\u00a0<\/strong>is often but NOT always a requirement. \u00a0Delaware law defines a &#8220;motor vehicle dealer&#8221; as, (a.) A person, corporation, partnership, proprietorship or any other legal entity who is in the business of buying, selling or exchanging during any 12-month period 5 or more vehicles; and\/or, (b.) Any person, corporation, partnership, proprietorship or any other legal entity who offers to sell, sells, displays or permits the display for sale, of 5 or more vehicles within a 12-month period. \u00a0The <strong>Delaware motor vehicle dealer bond<\/strong> is required where the dealer is subject to certain liabilities under Chapter 30 (\u00a73005(b)). \u00a0Wholesale dealers appear to be largely exempt. \u00a0The bond obligation is a financial guarantee that the dealer will pay monies due to the state however it also functions as a license compliance bond. \u00a0The <strong>Delaware auto dealer bond<\/strong> form states that it is for the benefit of consumers injured by any wrongful act, omission, default, fraud or misrepresentation by the retail seller in the course of conducting business as a motor vehicle dealer. \u00a0The Delaware motor vehicle dealer bond must be written in the amount of twenty five thousand dollars ($25,000), run to the state and be delivered to Delaware <a title=\"DE DMV\" href=\"http:\/\/www.dmv.de.gov\/services\/vehicle_services\/dealer\/ve_dlr_info.shtml\" target=\"_blank\">Vehicle Services Division<\/a>.\u00a0<strong>Delaware surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>\u00a0offers\u00a0<a title=\"Dealer bond requirements\" href=\"https:\/\/suretyone.com\/pdf\/commercial\/license-bonds\/mv-dealer-bond-requirements.pdf\" target=\"_blank\">motor vehicle dealer bonds<\/a>\u00a0all states where they are required for licensing. \u00a0Our programs allow us to offer you bonding regardless of your credit and financial condition. Visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email us at\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for an\u00a0<strong>Connecticut motor vehicle bond<\/strong>\u00a0application or for information on any surety bond need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Among the many requirements for licensing a Delaware motor vehicle dealer bond\u00a0is often but NOT always a requirement. \u00a0Delaware law defines a &#8220;motor vehicle dealer&#8221; as, (a.) A person, corporation, partnership, proprietorship or any other legal entity who is in&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/delaware-motor-vehicle-dealer-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[159],"tags":[1258,1257,1260,1259],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Delaware Motor Vehicle Dealer Bond &bull; Surety One, Inc.<\/title>\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\/delaware-motor-vehicle-dealer-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delaware Motor Vehicle Dealer Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"Among the many requirements for licensing a Delaware motor vehicle dealer bond\u00a0is often but NOT always a requirement. \u00a0Delaware law defines a &#8220;motor vehicle dealer&#8221; as, (a.) A person, corporation, partnership, proprietorship or any other legal entity who is in... Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/suretyone.com\/blog\/delaware-motor-vehicle-dealer-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=\"2013-05-02T03:11:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-03T16:20:36+00:00\" \/>\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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