Georgia AMC Bond Overview
- Purpose: To ensure real estate AMCs follow state regulations and conduct business ethically
- Who Needs It: Appraisal management companies overseeing appraiser panels in Georgia
- Regulating Body: The Georgia Real Estate Appraisers Board
- Bond Amount: $20,000
- Premium Price: $200 for a one-year term
What Is a Georgia Appraisal Management Company Bond?
Georgia appraisal management company (AMC) bonds guarantee that AMCs will oversee appraiser panels properly. The surety bond holds AMCs financially liable for following Georgia Rules Chapter 539 and all other regulations. This protects clients, appraisers, lenders and the state from financial harm.
Who Needs an Appraisal Management Company Bond?
The Georgia Real Estate Commission & Appraisers Board requires all appraisal management companies to have a $20,000 surety bond to get licensed.
In Georgia, AMCs are defined as any entities that provide appraisal management services to creditors or secondary mortgage market participants.
How Much Do Georgia Appraisal Management Company Bonds Cost?
For a one-year term, $20,000 Georgia AMC bonds cost $200. Or, you can save up to 25% by selecting a multi-year term. Buy your bond today!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Georgia Appraisal Management Company Bond Work?
When you purchase a real estate AMC bond, you enter a legally-binding agreement between three parties.
| Bond Party | Description |
|---|---|
| 1. Principal | The licensed AMC owner |
| 2. Obligee | The Georgia Real Estate Appraisers Board |
| 3. Surety | The issuing surety provider |
If your company fails to conduct business lawfully, harmed parties can file a claim on the bond. The surety investigates and pays for valid claims. Then, you are responsible for reimbursing the surety.
How Do I Get an AMC Bond in Georgia?
You can get your Georgia AMC bond instantly today! just follow these quick steps:
- Enter required information
- Pay for your bond
- File it with the obligee
After purchasing your bond, you’ll receive your official form via email within minutes. If you can’t find your bond, make sure to double check your spam folder.
Then, submit the bond with your registration application to the Board.
Georgia Real Estate Appraisers Board
229 Peachtree St, NE
International Tower, Suite 1000
Atlanta, GA 30303-1609
How Do I Renew My Bond?
Georgia AMC bonds expire annually, unless you select a multi-year term. If you wish to maintain your license, you’ll need to renew your bond.
You’ll receive email and text renewal reminders starting 90 days before the expiration date. Follow the renewal instructions and pay the invoice to renew!
How Do I Update My Bond Information?
If you need to update basic information on your bond form, email [email protected] or call 1(800)-308-4358 for assistance.
A Suretybonds.com representative will help issue a bond rider for simple changes like name and address.
How to Start a Registered AMC in Georgia
Real estate appraisal management company registration is different from individual licenses. To become a registered AMC in Georgia, complete the following steps:
- Designate a controlling person via a notarized Lawful Presence Verification form*
- Purchase a $20,000 surety bond
- Pay the non-refundable $1,000 registration fee
- Submit the registration application
*Note: If the controlling person has 10% or more ownership interest in the company attach a Georgia Criminal Information Center (GCIC) report.
More Resources
- Appraisal Management Company Bonds - All States
- Georgia Real Estate Commission & Appraisers Board: Appraisal Management Companies (Licenses)
- Georgia Real Estate Commission & Appraisers Board: Appraisers, Appraisal Management Companies, and Hearing Officers (Applications)
- Georgia AMC Renewal Application
- AMC Reinstatement Application
- AMC Change of Control Person
- AMC Change Application
- Federally Regulated AMC (FRAMC) Enrollment Form

