How much does an AMC bond cost in Mississippi?
The Mississippi Real Estate Appraiser Licensing and Certification Board requires appraisal management companies to post $20,000 surety bonds prior to conducting business.
The price you’ll pay for your Mississippi AMC surety bond is based on a review of your personal credit report, but qualified applicants could pay as low as $200. Request your free surety bond quote now!
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Appraisal Management Company Bond||$20,000||Starts at $200||$800-$1,600||$2,000+||Apply Now|
Call 1 (800) 308-4358 or fill out our easy online contact form to get bonded quickly, easily and accurately!
Why do I need this bond?
Mississippi appraisal management company surety bonds hold principals (appraisal management companies) to the obligations and provisions of 73-34-103(1) of the Mississippi Code Annotated and all pertaining rules and regulations. Specifically, these bonds are put in place for the use, benefit and indemnity of any person who suffers any damage or loss as a result of the AMC’s breach of contract or of any obligation arising from it or any violation of the law.
We can typically provide your free surety bond quote within 1 business day of submitting your application. Apply now!
What’s the fine print?
AMC bonds in Mississippi remain in full force and effect until canceled. The surety can cancel the bond by giving written notice of cancellation to the Administrator of the Mississippi Real Estate Appraiser and Licensing Board at least 60 days prior to the effective cancellation date.
These bonds remain in effect for 1 year from the effective date indicated on the surety bond form.
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