10-10-2006, 06:29 PM | #1 |
Join Date: Aug 2006
Posts: 18
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Bonded Title?
Anyone ever gotten a Bonded title? At this point it seems like anything would be easier than getting my MSO crap straightened out. I've heard people talk about it but a little fuzzy as to how it works.
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10-10-2006, 09:50 PM | #2 |
Join Date: May 2006
Location: Yuma, Arizona
Posts: 9,056
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S_Flex, it works like this in AZ. You take your bike or MCO to a bonding agency, who charges you $$. They guarantee the title of the bike to both you and the state that you are in fact the owner. The state is worried that someone down the road could show up and claim they are the owners based on the VIN of the bike, and you are clearing that up for them. When you buy a home, it is a similar deal--the title company guarantees that there is no one who can claim ownership down the road of your home.
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"They say that life's a carousel, spinning fast you got to ride it well..." TGB Delivery Scooter 150 TMEC 200 Enduro--carcass is sadly rotting in the backyard |
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10-11-2006, 03:41 PM | #3 |
Join Date: Aug 2006
Posts: 18
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Thanks, thats how I thought it worked. I think they only charge 10% of the value, so it should be around 100 bucks. I keep calling the company to get the MSO squared away but all i ever get is an answering maching with some chinese lady with horrible english.
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