How to Replace a Lost Title in Arkansas?

An Arkansas vehicle title is a legal document that establishes a person or business as the owner of a motor vehicle. It records at a minimum the vehicle identification number, make and model of a car or truck, year of manufacture and its VIN (vehicle identification number). In addition, it includes contact information for the vehicle’s registered owner and lien holders. The car or truck title is necessary to sell the vehicle, transfer ownership to another party, register a new or used vehicle in Arkansas, and complete other vehicle-related tasks.

If an Arkansas driver discovers their car or truck title has been lost, stolen, or destroyed, they will need to submit a duplicate copy at their local AR DMV office. In most cases, the car or truck title must be signed and dated by both the seller and the buyer in order to be considered valid. A Bill of Sale and Odometer Disclosure Statement must also be completed if applicable. In addition to submitting these documents, drivers will need to pay the replacement title fee.

A vehicle title bond is typically required in the state of Arkansas when a driver applies to replace a lost or stolen car title. This surety bond guarantees that the rightful vehicle owner can recover damages up to the bond amount if they are cheated by someone who fraudulently obtains a title or other vehicle-related documents. Drivers can purchase this bond from a licensed surety company.

Arkansas Lost Title Application

The state of Arkansas offers a simple process for those who are in need of a new car title after the original is lost or destroyed. Vehicle owners must notify the Department of Finance and Administration (DFA) about their lost title and request a replacement copy.

The first step of the replacement process requires motorists to fill out a new title application, which can be obtained from the DFA website, any AR office, or by calling the DFA’s phone number. Applicants must provide their legal name, date of birth, driver’s license or identification number, and address, as well as the make, model, year, VIN, and body type of the vehicle in question. Owners also need to include the name of any lienholder and his or her contact information.

After submitting the lost title application, DFA staff will review it to ensure that all necessary requirements are satisfied. If everything checks out, a new title will be issued to the applicant.

If a lien is present on the vehicle, the DFA will send the application directly to the lienholder and allow him or her 10 days to verify that he or she has the permission to issue a new title. Once this is done, a new title will be mailed to the vehicle owner.

If the lienholder fails to verify the claim within the allotted time, the vehicle owner can file a surety bond with an approved provider to cover the claims payment. The cost of the bond is either $100 or 1.5% of the vehicle’s value, whichever is higher.