what is a defective title surety bond
Definition of a Defective Title Bond. A Defective Title Bond is a surety bond used by individuals when the original title of their property is lost. Property owners can re-establish their ownership and the title of their property through this bond. The process for obtaining a defective title bond is different in every state in the U.S. If the original title of your property is missing, you should obtain a defective title bond immediately to prove that you are the rightful owner.