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Nebraska Appraisal Management Company Bond

How much does an appraisal management company bond cost in Nebraska?

The Nebraska Real Property Appraiser Board requires appraisal management companies to post a $25,000 surety bond. Appraisal management company bonds are typically issued instantly for just $250.

Bond Type Bond Amount Cost*
$25,000 Appraisal Management Company Bond $25,000 Starts at $250 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.

Why do I need this bond?

Appraisal management company bonds in Nebraska protect customers from fraudulent work that could occur at the hand of appraisers and their companies. By posting this bond, AMCs agree to abide by applicable rules, laws and regulations stated in the Nebraska Revised Statutes. Prohibited acts include, but are not limited to:

  • knowingly employing any person who has had their license revoked, suspended or denied in Nebraska
  • paying off an appraiser to report a certain fee
  • changing any report after it has been submitted without an appraiser’s permission
  • failing to keep detailed records for 5 years

If any of these prohibited acts occur, a claim could be made against the bond by harmed parties.

For more information on appraisal management company bonds in Nebraska, contact an expert surety specialist now.

What’s the fine print?

Nebraska appraisal management company bonds are continuous until canceled. If the bond is to be canceled, the surety must provide the Nebraska Real Property Appraiser Board with at least 30 days of written notice.

The form indicates that the original signed and sealed bond must be mailed in to the Board upon completion.

How to become an appraisal management company in Nebraska

You must be registered with the state to legally own and operate an appraisal management company. The registration requirements include, but are not limited to:

  • $25,000 surety bond
  • $350 application fee
  • 2 fingerprint submissions per individual
  • any other necessary forms as stated in the application (can vary depending on individual)

Once approved, a $2,000 registration fee must be paid.

Detailed licensing instructions can be found in the “Additional Resources” section below.

Start the licensing process by purchasing your Nebraska AMC bond today for just $250.

Ready to get started?

Buy Your Appraisal Management Company Bond Now!

Additional Resources

Nebraska Real Property Appraiser Board: Appraisal Management Company Surety Bond Form

Nebraska Real Property Appraiser Board: Appraisal Management Company Application

Nebraska Real Property Appraiser Board: Appraisal Management Company Information

State of Nebraska Appraisal Management Company Registration Act

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