Hello there. I'm here because my temporary registration will end soon and I need some guidance on the steps I have to take.
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Did you NOT get the title certificate for a vehicle you sold and the temporary registration expires soon?
Yes, I didn't get the certificate.
In this case you can not get another temporary registration. According to the DMV Commissioner 's Regulations you can not sell a vehicle if you do not have proof of ownership.
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What about the bond amount required from a dealer?
The bond amount depends on the number of vehicles the dealer sold in the previous calendar year, or if the dealer is licensed as a franchised new dealer.
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And what about a warranty that has been sold to a retail customer?
These terms refer to the warranties described by the Office of the Attorney General website: www.ag.ny.gov in the 'Lemon Law'. The Vehicle and Traffic Law requires a dealer to complete the Used Vehicle Certification on form MV-50. The law applies to all vehicles sold at any selling price and which display any odometer reading.
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I understand. So how do I get a surety bond?
Do you want to get a surety bond?
No, not really. I was just asking how it works.
So how does it work? Can you explain surety bonds, please?
Of course. To get a surety bond, you must contact a surety insurance company. Make sure that the business name and mailing address on the bond exactly match the business name and mailing address on your DMV facility license. Make sure that you write your Facility Number on the bond.
