{"id":1138,"date":"2013-05-19T04:08:57","date_gmt":"2013-05-19T04:08:57","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1138"},"modified":"2017-01-03T16:20:34","modified_gmt":"2017-01-03T16:20:34","slug":"rhode-island-title-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/rhode-island-title-bond\/","title":{"rendered":"Rhode Island Title Bond"},"content":{"rendered":"<p>In the absence of proper paperwork, you may deposit a <strong><a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">Rhode Island title bond<\/a>\u00a0<\/strong>to satisfy the state&#8217;s requirements for issuance of a clean title. \u00a0State law provides that as a condition of issuing a certificate of title the applicant must file with the <a title=\"RI DMV\" href=\"http:\/\/www.dmv.ri.gov\" target=\"_blank\">Division of Motor Vehicles<\/a> a bond in the form prescribed by the Division and executed by the applicant, and also executed by a surety authorized to do business in the state. The <strong>Rhode Island title bond<\/strong> must be written in an amount equal to one and one-half times the value of the vehicle, as determined by the Division. This surety bond must be conditioned to indemnify any prior owner and lienholder and any subsequent purchaser of the vehicle or person acquiring any security interestin it, and their successors in interest, for any expense, loss,or damage, including reasonable attorney&#8217;s fees, by reason of the issuance ofthe certificate of title of the vehicle or an account of any defect in or undisclosed security interest upon the right, title, and interest to the same. The <strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Rhode Island title bond<\/a><\/strong>\u00a0is available to any interested person that has a right of action to recover damages for any breach of its conditions, however the aggregate liability of the surety will never exceed the penal sum of the bond. \u00a0The surety bond is returned to the surety at the end of three years or prior to that time if the vehicle is no longer registered in Rhode Island and the currently valid certificate of title is surrendered to the Division. \u00a0The <strong>Rhode Island title bond<\/strong> IS however retained if at the end of the three year period the Division has been notified that an action or claim has been filed in attempts to collect from the surety. \u00a0<strong>Rhode Island surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>\u00a0offers a very simple\u00a0<a title=\"Title Bond Application\" href=\"https:\/\/suretyone.com\/pdf\/all-bonds\/vehicle-title-bond-application.pdf\" target=\"_blank\">title bond application<\/a>\u00a0and same day issuance of your title bond. \u00a0We will a premium (surety bond cost) regardless of your title problem. \u00a0Visit 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\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0<strong>Rhode Island title bond<\/strong>\u00a0application or for further information about surety.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the absence of proper paperwork, you may deposit a Rhode Island title bond\u00a0to satisfy the state&#8217;s requirements for issuance of a clean title. \u00a0State law provides that as a condition of issuing a certificate of title the applicant must&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/rhode-island-title-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":[230],"tags":[1407,1409,1406,1408],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rhode Island Title 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\/rhode-island-title-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rhode Island Title Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"In the absence of proper paperwork, you may deposit a Rhode Island title bond\u00a0to satisfy the state&#8217;s requirements for issuance of a clean title. \u00a0State law provides that as a condition of issuing a certificate of title the applicant must... 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