City of Crystal License and Permit Bond Guide
If you’re applying for a business license in Crystal, Minnesota, you may need this surety bond.
Bond Overview
- Purpose: To ensure compliance with license and permit requirements
- Who Needs It: Tree trimmers, secondhand dealers and pawnbrokers
- Regulating Body: The City of Crystal
- Required Coverage: $2,500–$5,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Crystal License and Permit Bond?
A City of Crystal, Minnesota license and permit bond holds professionals responsible for following local rules and regulations.
Tree trimmers, pawnbrokers and secondhand dealers all need this bond in varying coverage amounts. The bond acts as financial security if consumers are harmed by a business or its employees’ actions.
How Much Do License and Permit Bonds Cost?
A City of Crystal license and permit bond costs a flat rate of $100 for a 1-year term, regardless of the bond amount. Or, you can save 25% by selecting a multi-year term.
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SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a License and Permit Bond?
The City of Crystal requires this bond as part of the licensing process for tree trimmers, secondhand dealers and pawnbrokers.
Your bond amount will vary depending on the license type:
- Tree trimmers: $2,500 bond
- Secondhand dealers: $3,000 bond
- Pawnbrokers: $5,000 bond
How Do I Get My Bond?
With SuretyBonds.com, you can buy your City of Crystal license and permit bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the City as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a City of Crystal License and Permit Bond Work?
As with all surety bonds, a license and permit bond creates a legal contract between three parties:
- Principal: You, the licensed professional filing the bond
- Obligee: The City of Crystal requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding applicable local laws and regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your license and permit bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.