Business Partner Automation Surety Bond

A Business Partner Automation Surety Bond is a license and permit surety bond required by some state Departments of Motor Vehicles. An automated business partner is a company who is set up to automatically file vehicle registration and title information through the Department of Motor Vehicles, typically an automobile dealership. The bond guarantees that the partner will execute the filing documents correctly and pay any fees associated with the filing of the documents for the consumer. These bonds are also known as Automated Partner surety bonds.