California Certificate of Title Bond – Manufactured Home, Mobile Home, Commercial Coach, Truck Camper, Floating Home

Get this bond fast! Easy application and fast approval!

What is a California Certificate of Title Bond?

It is a financial protection required of owners who cannot provide legal evidence of ownership upon application for registration or transfer of the following:

  • Manufactured Home
  • Mobile Home
  • Commercial Coach
  • Truck Camper
  • Floating Home

The surety bond’s purpose is to protect and compensate the California Department of Housing and Community Development; any person acquiring a lien or security interest; and any subsequent purchaser of the aforementioned said homes and vehicles in case any defect or claim were undisclosed during the application.

The surety bond requirement is in compliance with Section 18086.5 of the California Health and Safety Code, and is enforced by the California Department of Housing and Community Development.

The applicant must also present a Statement of Facts prior to submitting this bond. It should include the following information:

  • An explanation of how the unit was obtained.
  • The effort the current owner made to contact the last owner in order to obtain evidence of ownership.
  • The current market value of the unit.

How does a California Certificate of Title Bond work?

The bond is an agreement between three parties: Principal (current owner of the house or vehicle), Obligee (California Department of Housing and Community Development), and the Surety (surety bond provider).

The Surety will ensure that the Principal will fulfill the obligations required by the Obligee. The Surety will also ensure that the Obligee will be paid if there are any undisclosed defect on the unit or claim upon application.

The Surety will settle the claim made by the Obligee if the Principal cannot do so. The Surety will first investigate the validity of the claim before any payout is made. If the claim is valid, the Surety will pay the Obligee. The Principal must then reimburse the Surety after the payment’s made.

How much does a California Certificate of Title Bond cost?

The bond premium will start at 1.5% of the bond amount for those who have excellent credit scores.

The bond amount will be equal to the current market value of the unit. This will be determined by the California Department of Housing and Community Development using either an approved value guide or the actual known sales or purchase price of the unit.

Once you have determined your bond amount, you can find out what your bond premium will be by claiming your FREE SURETY BOND QUOTE HERE!

How can I get a California Certificate of Title Bond?

STEP 1: Apply for this bond
If you’re ready to apply now, you may do so HERE!

STEP 2: Underwriting
We’ll ask you a few important information about your financial history, business performance history, and your credit score. An underwriter will carefully evaluate all those.

STEP 3: Bond execution
Once the underwriter is done with the prequalification process, you’ll be asked to sign the indemnity agreement. After that, the bond will immediately be issued and sent to you!

APPLY TODAY!

California Certificate of Title Bond

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