Can You Get A Bonded Title For A Boat In Texas

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Getting a Bonded Title for a Boat in Texas

Obtaining a bonded title for a boat in Texas is a necessary step for those who have lost, misplaced, or never received the original title for their vessel.

Requirements

  • Proof of ownership (such as a bill of sale or previous registration)
  • Valid government-issued ID
  • Completed Boat Title Application (Form 130-U)
  • Surety bond (issued by an insurance company or surety bond agency)
  • Bond amount equal to 1.5 times the value of the boat, but not less than $5,000

Process

  1. Gather the required documents and complete the Boat Title Application.
  2. Obtain a surety bond from an insurance company or surety bond agency.
  3. Submit the application, bond, and supporting documents to the Texas Parks and Wildlife Department (TPWD).
  4. Pay the applicable fees.
  5. Receive the bonded title within 30-60 days of submitting the application.

Frequently Asked Questions

What is the purpose of a bonded title?
A bonded title serves as legal proof of ownership for a boat and protects the owner from claims of ownership by others.
How long does a bonded title last?
A bonded title issued in Texas is permanent and does not expire.
Can I sell a boat with a bonded title?
Yes, you can sell a boat with a bonded title. However, the new owner will need to obtain their own bonded title or a new, original title.
What happens if the original title is found after obtaining a bonded title?
If the original title is found, you should surrender it to TPWD. One of the bonded titles will be canceled, and the original title or a duplicate will be issued.

Conclusion

Obtaining a bonded title for a boat in Texas is a straightforward process that provides boat owners with a secure form of ownership documentation. By following the requirements and steps outlined in this article, you can protect your legal interests and ensure the smooth transfer of ownership in the future.

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