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Maine Transient Seller of Consumer Merchandise Bond

How much does a transient seller of consumer merchandise bond cost in Maine?

Transient sellers of consumer merchandise in Maine must post $10,000 surety bonds prior to conducting business.

These bonds are subject to underwriting consideration, but qualified applicants could pay as low as $100! Bad credit? No problem! We approve 99% of applicants for the bonds they need quickly, easily and accurately. Apply for your free bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Surety Bond of Transient Seller of Consumer Merchandise $10,000 Starts at $100 $400-800 $1,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form now. We’ll provide your free, no-obligation bond quote within 1 business day of submitting your application!

Why do I need this bond?

By posting a Maine transient seller surety bond, principals (transient sellers) pledge to comply with all requirements of Title 32, Chapter 128, Section 14708, Subsection 3 of the Maine Revised Statutes and make full accounting and payment of all funds collected while on the job.

If the principal fails to comply with these terms, the bond protects harmed parties from financial loss up to the full amount of the bond. The principal, in turn, must reimburse the surety for all damages paid out.

Ready to get bonded quickly, easily and accurately? Request your free bond quote now!

What’s the fine print?

Transient seller of consumer merchandise bonds in Maine remain in full force and effect until the state releases the surety from liability or the surety cancels the bond. The surety can cancel the bond by giving written notice of cancellation to the state and the principal at least 30 days prior to the effective cancellation date.

These bonds expire on April 30, so your bond premium could be prorated depending on when you buy it. Our team of surety experts works hard to get you bonded according to your specific needs.

How to become a transient seller in Maine

To become a registered transient seller in Maine, applicants must:

  • fill out the application package in its entirety
  • pay the registration fee of $100
  • fill out an SBI Form and pay $8.00 for a criminal background check
  • post a surety bond
  • and more

Applicants must also be sure to register all of his or her employees who will act on the company’s behalf while selling. The registration fee for each additional employee is $50.

Take the first step toward becoming licensed in Maine by purchasing the surety bond you need quickly and easily!

Ready to get started?

Get a FREE Transient Seller of Consumer Merchandise Bond Quote Today!

State of Maine Department of Professional and Financial Regulation Office of Professional and Occupational Regulation Company Application and Surety Bond form

Maine Revised Statutes Title 32, Chapter 128: Regulation of Transient Sales

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