4/6/2024 0 Comments Nv dmv duplicate title![]() However, this new streamlined process, is an optional service and means of acquiring ownership documents directly from the DMV. Previously, the DMV required a court order before it would issue a vehicle title. 452 provides the DMV with the statutory authority necessary to issue a new “bonded” certificate of title in situations wherein the constructive owner of a vehicle is unable to satisfactorily demonstrate to the DMV they possess legal ownership of a vehicle. 452 made changes to Chapter 482 of Nevada Revised Statute (codified as NRS 482.2605). Signed into law on Jand becoming effective on July 1, 2018, S.B. The following information highlights newly effectuated policies emanating from the passage of S.B. 452 bonded title process, there is now a statutory provision authorizing the DMV to issue a bonded vehicle title to a person in these circumstances. In years past, it was customary for the DMV to receive a petition for a writ of mandamus from a person in these circumstances seeking that the court issue an order declaring them the owner of the vehicle and asking the court to order the DMV to issue them a vehicle title. Passed and approved during the 2017 Legislative Session, Senate Bill (S.B.) 452 set forth a new bonded titling process for those individuals or entities who are unable to provide the Department of Motor Vehicles (DMV) with sufficient documentation of ownership to issue them a vehicle title. The following is a notification sent to Nevada courts: If a claim against a bond is denied, the claimant must proceed via civil court.īonded titles are an alternative to court rulings on ownership of vehicles. The DMV does not make any designation/decision on claims against the bond. The bond that is purchased for the bonded title must be in force for three (3) years even if the vehicle is sold.Īny claim of ownership for the vehicle is referred to the bond company for review and decision. Person acquiring a security interest in the vehicle, and his or her successors in interest, against any expense, loss or damage because of the issuance of the certificate of title or because of any defect in or undisclosed security interest in the applicant’s right or title to the vehicle or the applicant’s interest in the vehicle.Subsequent purchaser of the vehicle, and his or her successors in interest or.Prior owner or lienholder of the vehicle, and his or her successors in interest.In an amount equal to one and one-half times the value of the vehicle Manufacturer’s Suggested Retail Price (MSRP) or 25% of MSRP if a salvage vehicle and.Executed by the applicant as principal and by a corporation qualified under the laws of Nevada as surety.If the title is issued on a salvage vehicle, you must follow the salvage vehicle procedures to rebuild the vehicle before it can be registered or sold. All normal registration requirements apply. Once the title has been issued, you may register the vehicle. Dealers and financial institutions are required to use the DMV's Electronic Lien and Title system. The title will be mailed to you once issued or to the lienholder, if any. You may wish to use certified or registered mail when sending original documents. Please use traceable mail or a service that tracks your package. Return all original documentation and fees to the Title Research Section in Carson City.Part 4 of the Affidavit for Bonded Vehicle Title (VP 271) must be notarized or witnessed by an authorized DMV employee.Complete all areas in full, either typed or printed in ink.Obtain the bond and complete the Vehicle Bond Affidavit (VP 272).The Department will return the bond amount, listing of required documents and any additional requirements.The Department will calculate the bond amount based on the original Manufacturer’s Retail Price (MRP).The Department will conduct a vehicle theft and brand history search.Send the Affidavit for Bonded Vehicle Title (VP 271) and copies of all ownership documents to the Title Research Section.Vehicle inspections may be completed at DMV offices, by a sworn law enforcement officer or by a business authorized by the DMV in accordance with NRS 482.220. Complete parts 1 and 2 of the >Affidavit for Bonded Vehicle Title (VP 271).Contact the Department’s Title Research Section, in Carson City, (775) 684-4810, 8:00 am to 4:00 p.m.Affidavits and forms are available only through Title Research.ĭo not purchase a bond prior to receiving documentation from the Department authorizing the bonded title and the bond amount required. You must be a Nevada resident and the vehicle must be present in Nevada.Īpplications are not accepted at DMV Field Services offices.īonded vehicle titles are processed by the Title Research Section in Carson City only.
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