CT DMV Form H113. Surety bond - certificate of title

CT DMV Form H113. Surety bond - certificate of title

Form H113 - Surety Bond - Certificate of Title serves as a means for individuals or businesses to obtain a certificate of title for a vehicle when proof of ownership cannot be established through the regular process. This form allows the applicant to provide a surety bond as collateral to ensure that no other legitimate claims to the vehicle's ownership exist.

This form is used when an individual or business wants to obtain a title for a vehicle, but there are uncertainties or disputes about the vehicle's ownership history. The surety bond acts as a guarantee that if someone else claims ownership of the vehicle in the future, the bond will cover any potential financial losses incurred.

Form Structure

This form involves the vehicle owner or applicant, the surety bond provider, and the vehicle. It's structured with sections to provide information about the applicant, the vehicle's description, the surety bond details, and any relevant parties involved in the bond agreement.

How to Fill Out and Submit the Form

When filling out the form, the applicant provides information about themselves, the vehicle, and the surety bond. The bond's terms and conditions should be clearly stated. The completed form, along with the surety bond agreement, is then submitted to the Connecticut DMV. It's crucial to accurately provide all necessary information and ensure the bond meets the DMV's requirements.

Alternatives to this form could include other methods of proving ownership, such as obtaining a court order or reaching a settlement with potential claimants. The key difference is the use of a surety bond as collateral.