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Mississippi Appraisal Management Company Bond

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
*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 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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Mississippi Appraisal Management Company Registration Act

Mississippi Appraisal Board

Mississippi Appraisal Board Forms

Appraisal Management Company Application Packet

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