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Bonded Certificate of Title |
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| If your vehicle cannot be titled or
registered by your county treasurer because you do
not have the proper title documents, you may be able to file a bond as a condition of
obtaining a title and registration plates. However, a vehicle issued a junking certificate
cannot be reinstated through the bonding procedure unless the vehicle is 25 years or
older, ref. Iowa Code 321.24. Submit the following to the Iowa Department of
Transportation, Office of Vehicle Services, P.O. Box 9278, Des
Moines IA 50306-9278. Phone 515-237-3148. To avoid processing delays please submit the following required supporting documents:
The Department will: Determine whether there is an active title record or junking certificate record on file for the vehicle in the state of Iowa. If a record is found, the department shall notify, by first-class mail, the owner of the record, at the last known address, that an application for bonded certificate of title has been received. The notice shall include a statement in which the owner of record may assert their right to claim the vehicle or to waive any further claim. If the department receives no further response from the owner of record within 10 days after the date of the mailing or receives a waiver of further claim to the vehicle, the department will continue processing the bond. Determine the current value of the vehicle and require that a cash bond or surety bond, based on one and one-half times the current value of the vehicle, be filed with the department as a condition of issuing a certificate of title and registration receipt. The bond paper showing the current value of the vehicle and the amount of the bond will be sent to you to be completed and signed by your surety company representative and also by you as the principal. The signed bond must be returned to the Office of Vehicle Services. Cash bonds may be deposited with the state and are held for three years on a non-interest bearing basis, or you may purchase a surety bond from a bonding company licensed to conduct business in the State of Iowa. Fees to obtain a surety bond through a bonding company are set by the company. Please refer to the bonding company for the fee to obtain your surety bond. Send to the Department of Transportation, Motor Vehicle Enforcement, a bond receipt and a letter authorizing the county treasurer to issue a title for your vehicle. An investigator will contact you and make an appointment to verify that the information submitted on your application correctly identifies the vehicle that you own. Should your vehicle not meet the specific equipment requirements under Iowa Code Chapter 321., the investigator shall authorize the county treasurer to issue title and registration and immediately suspend registration until such time your vehicle meets the specific equipment requirements. The investigator will give you the bond receipt and a copy of the authorization letter which you shall then take to your county treasurer’s office within 30 days of written authorization from the department, make application for certificate of title, pay the appropriate fees and register your vehicle. Hold the bond for 3 years, after which time the bond will expire and there is no requirement for a bond. Application Form |
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©Iowa Department of
Transportation, Motor Vehicle Division |
