Bonding Requirements and Fines for Vehicle Related Businesses

The purpose of this document is to provide information about the surety bond amounts required before a business license can be issued. Also included are the fine amounts that may be imposed on a business for failure to comply with MVA standards. More information about when fines are imposed can be found in Dealer - Fines for Late Title Work Submission. For the fee amounts associated with business licensing, salesman licenses and interchangeable tags, see the MVA's schedule of fees.

Surety Bond Requirements

Type of Business	Number of Vehicles Sold or Transferred	Bond Amount Required
New Vehicle Dealer License	1-500 501-1,000 1,001-2,500 Over 2,500	$50,000 $75,000 $100,000 $300,000
Used Vehicle Dealer License	1-250 251-500 501-1,000 1,001-2,500 Over 2,500	$15,000 $25,000 $35,000 $50,000 $150,000
Wholesale Vehicle Dealer License	1-250 251-500 501-1,000 1,001-2,500 Over 2,500	$15,000 $25,000 $35,000 $50,000 $150,000
Motorcycle Dealer License (new vehicles)	1-500 501-1,000 1,001-2,500 Over 2,500	$50,000 $75,000 $100,000 $300,000
Motorcycle Dealer License (used vehicles)	1-250 251-500 501-1,000 1,001-2,500 Over 2,500	$15,000 $25,000 $35,000 $50,000 $150,000
Emergency Vehicle Dealer (new vehicles)	1-500 501-1,000 1,001-2,500 Over 2,500	$50,000 $75,000 $100,000 $300,000
Emergency Vehicle Dealer (used vehicles)	1-250 251-500 501-1,000 1,001-2,500 Over 2,500	$15,000 $25,000 $35,000 $50,000 $150,000
Trailer Dealer License (boat trailers)	N/A	$5,000
Trailer Dealer License (trailers under 15 feet in length)	N/A	$5,000
Trailer Dealer License (trailers 15 feet or longer)	1-250 251-500 501-1,000 1,001-2,500 Over 2,500	$15,000 $25,000 $35,000 $50,000 $150,000
Manufacturer, Second Stage Manufacturer, Distributor, or Factory Branch License	1-50 51-500 501-10,000 Over 10,000	$25,000 $50,000 $100,000 $300,000
Title Service	N/A	$25,000

Dealer Fines

Reason	Fee	Comments
Fine for dealer's late submission of documents, taxes and/or fees	$15.00 per transaction	Assessed when title documents, excise tax and related fees for a vehicle transaction are submitted by a dealer to the MVA more than 30 days after the vehicle's date of delivery
Additional late submission fine	$1.00 per transaction per day	Assessed on the second late day and each day late thereafter.

Contact Information:

MVA
Business Licensing and Compliance division
6601 Ritchie Highway, N.E.
Glen Burnie, MD 21062

For telephone questions:
MVA Customer Service Center: 1-410-768-7000
TTY/Hearing Impaired: 1-301-729-4563