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Iowa Appraisal Management Company Bond

Want your bond emailed to you tomorrow? Buy your bond now .

Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.

  • $250.00
    1 year term

  • $437.50
    2 year term - save $62.50!

  • $625.00
    3 year term - save $125.00!

Available Now
Want your bond emailed to you tomorrow? Buy your bond now .

How much does an Iowa appraisal management company bond cost?

An Iowa appraisal management company bond costs $250 per year and it issued instantly. Applicants may also save time and money on renewing their bond when they opt for a 2-year or 3-year term at checkout. Simply click Buy Now to be on your way to getting the AMC bond you need in minutes.

Bond Type Bond Amount Cost
$25,000 Appraisal Management Company Bond $25,000 $250

What do appraisal management companies in Iowa need a surety bond?

The Iowa Division of Banking requires all appraisal management companies (AMC) to post a $25,000 surety bond prior to registering as an AMC in Iowa.

Surety bonds are required as a form of consumer protection. If an appraisal management company or employee causes financial harm or practices negligence, affected consumers could file a claim up to the bond’s full $25,000 amount. The surety company will pay to cover any valid claims, but the bonded principal (party holding the bond) is required by their bond contract to pay the surety back in full for any money paid out.

The principal must abide by all applicable rules and legislation governing appraisal management company work or be vulnerable to claims, lawsuits, or license revocation.

How long are Iowa AMC bonds in effect?

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Iowa AMC bonds remain in effect for twelve months and must be renewed annually until cancelled or claimed against. The surety can cancel the bond by giving written notice of cancellation to the Iowa Professional Licensing Bureau at least 60 days prior to the effective cancellation date.

How to register as an Iowa appraisal management company

Applicants looking to become a registered Iowa appraisal management company must submit the complete the required application through the online portal. The Iowa Division of Banking does provide reference forms online. See the steps outlined below to determine what information and materials you will need to register as an Iowa appraisal management company.

Additional documentation may be required depending on the applicant’s specific background, information, and requirements. View the application instructions to learn more about the Iowa AMC application process.

To learn more abour how to renew your registration, see the Iowa Division of Banking renewal application.

All electronic Appraisal Management Company communications should be sent to [email protected].

Step-by-step videos on the online portal systems and licensing/permit processes are available on the Divison of Banking Youtube channel.

Appraisal Management Company Bonds Nationwide

Many appraisal management companies are licensed to work in multiple states, meaning they are must adhere to different license and bonding requirements. For more information about appraisal management company bonds in other states, visit the SuretyBonds.com Guide to Appraisal Management Company Bonding or select a state from the list below to view each state’s AMC bond requirements.

NH VT RI NJ DE MD DC MA CT HI AK FL ME NY PA VA WV OH IN IL WI NC TN AR MO GA SC KY AL LA MS IA MN OK TX NM KS NE SD ND WY MT CO UT AZ NV OR ID CA MI

Or, choose your state from the list below:

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Additional Resources

Iowa Division of Banking: Appraisal Management Companies

Chapter 543 Real Estate Appraisal Management Companies

AMC Registration Form (Reference)

Iowa Appraisal Management Company Surety Bond

Iowa Secretary of State: Home