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.
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.
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.
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?