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The California Department of Housing and Community Development requires owners of mobile homes, commercial coaches, truck campers or floating homes without sufficient evidence of ownership to post a surety bond. The amount of the bond is equivalent to the market value of the vessel at the time of registration. The surety bond will be issued for a three-year term that will not renew with the Department of Housing and Community Development.
| Bond Amount | Cost | Term | Apply Now |
|---|---|---|---|
| Current Value of the Vessel/Unit | 1.5% of the Current Value of the Vessel* | 3 Year | BUY NOW |
Bond Details
| Requiring Entity | State of California Department of Housing and Community Development |
| Underwriting Criteria | Instant Approval and No Credit Check |
| Premium Rate(s) | 1.5% of the Current Value of the Vessel* |
*Instant Approval with no credit check up to a $50,000 bond amount.
Who is Required to Secure this Bond
In the event an individual seeks registration and/or ownership certification for a vessel legally purchased, however proper title and or transfer of title has become lost, misplaced or was never provided, a Manufactured/Mobile Home / Commercial Modular / Floating Home bond will satisfy the requirement set forth by the State of California Department of Housing and Community Development in completing the registration and/or release of title to an individual who properly completes the paperwork process and files a Defective Title bond with the Department of Housing and Community Development.
Bond Requirement Specifics
A Manufactured/Mobile Home / Commercial Modular / Floating Home Bond is required by the State of California Department of Housing and Community Development under circumstances where the original title or transfer of ownership has become lost, misplaced or was never properly provided to an individual who legally purchased a vessel and has paid that vessel in full.
Who is protected Under this Bond
The State of California Department of Housing and Community Development, any employees or officers of the State, and any and all subsequent purchasers of the vessel under which the bond was provided. The bond is considered an insurance policy which protects any lien holder or rightful owner to the vessel in the event title is released to a party who is not a legal owner to the vessel.
Underwriting Process
Manufactured/Mobile Home / Commercial Modular / Floating Home Bond are INSTANTLY ISSUED without the need of a personal credit check for the owner of the vehicle. The bond cannot be released to the applicant until proof of ownership in the form of current registration and/or a bill of sale is provided to ensure they are the rightful owner to the vehicle. Such supporting documentation can be supplied by faxing (949)461-7725.
What you Need to do Once you have your Bond
As the original Manufactured/Mobile Home / Commercial Modular / Floating Home Bond must be filed with the State of California, Department of Housing, the original bond will be mailed to the applicant. The applicant will need to forward the original bond to the State of California, Department Housing for filing. The bond will be placed in regular mail unless the applicant opts to pay the fee associated with overnight delivery during the application process.
Obligee Link
www.hcd.ca.gov
* Please be advised that the quote you obtain for this bond may include a fee charged and retained by Bond911 a company of The Bond Exchange.