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Form VD-114A Vermont

  1. Country USA
  2. Language English
  3. Activity Vehicle Registration
  4. State Vermont
Form VD-114A Vermont

Motor Vehicle Dealer Continual Bond

This document outlines the requirements for a Motor Vehicle Dealer Continual Bond in the state of Vermont. The bond is mandatory for new and used car dealers, with the amount based on sales from the previous year or two years. Dealers not registered the year prior to application must provide a $35,000 bond. The bond ensures indemnity for any loss sustained by the State of Vermont or any person dealing with the principal due to non-compliance with state statutes or failure to remit fees. The bond covers breaches during the registration period and must be claimed within a year after dealer license ceases or bond termination.

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ABOUT

Vehicle Registration Forms

If you own or lease a motor vehicle, trailer or boat, you must meet certain obligations to keep your vehicle legally registered and safe.

Form VD-114A is one of Vehicle registration forms that are documents that are used to register a motor vehicle with the relevant state or provincial authority. These forms are typically required when a person purchases a new or used vehicle or when they move to a new state or province with a vehicle.

The exact requirements and forms needed for vehicle registration can vary by location, but generally, the process involves providing information about the vehicle, the owner, and any liens on the vehicle.

Once the registration forms and fees are submitted, the state or provincial authority will issue a registration certificate or license plate to the owner of the vehicle. This registration allows the vehicle to be legally operated on public roads and highways.

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