New Jersey Ticket Reseller Bond Guide
If you’re applying for a ticket broker certificate of registration in New Jersey, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure legal and ethical ticket sales
- Who Needs It: Registered ticket brokers in New Jersey
- Regulating Body: The New Jersey Division of Consumer Affairs
- Required Coverage: $10,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a New Jersey Ticket Reseller Bond?
A New Jersey ticket reseller bond ensures ticket brokers, including agents and employees, will not commit fraud, misrepresentation or extortion.
The New Jersey Division of Consumer Affairs requires this bond to protect the public from unlawful and unethical ticket selling practices.
How Much Do Ticket Broker Bonds Cost in New Jersey?
A $25,000 New Jersey ticket reseller bond costs a flat rate of $100 for a 1-year term. Or, you can save $50 by selecting a 3-year term for $250.
Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Ticket Reseller Bond?
The New Jersey Division of Consumer Affairs requires a $10,000 ticket resale bond for all registered ticket brokers and agents operating in the state.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your New Jersey ticket reseller 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 Division of Consumer Affairs as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a New Jersey Ticket Reseller Bond Work?
As with all surety bonds, a ticket reseller bond creates a legal contract between three parties:
- Principal: You, the ticket reseller filing the bond
- Obligee: The New Jersey Division of Consumer Affairs requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the New Jersey Consumer Fraud Act.
If you do act fraudulently, 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?
To renew your ticket reseller bond, simply pay your renewal invoice when prompted. We’ll begin contacting you by phone and email 90 days before the expiration date.
After renewing, you’ll receive a continuation certificate to file with the New Jersey Division of Consumer Affairs as proof of ongoing coverage.
