Florida Auto Dealer Bond Guide and Rates
Posted: January 22, 2023
Florida Department of Highway Safety and Motor Vehicles (FLHSMV) issues a number of different types of auto dealer licenses through its Bureau of Dealer Services. A state license is required in order to sell new or used automobiles, trucks, recreational vehicles, mobile homes, and other types of vehicles as a distributor, retailer, auctioneer, wholesaler, or salvage dealer. Whether you operate a dealership as a sole proprietor,...
Motor Vehicle Dealer Bond
Posted: October 2, 2011
The main purpose of issuing surety bond, i.e. motor vehicle dealer bond is that it protects the public against the default act of obligator or the dealer to the obligee. MVD bonds can be called in different names like motor vehicle dealer bond, motor vehicle bond, DMV bond, used car dealer bond and in many other names. Motor vehicle dealer surety bonds fetches good demand...