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North Carolina Appraisal Management Company Bond

How much does an AMC bond cost in North Carolina?

The North Carolina Appraisal Board requires appraisal management companies to post $25,000 surety bonds as a licensing requirement.

These bonds are subject to underwriting consideration, so the price you’ll pay for your North Carolina surety bond depends directly on a review of your personal credit report. Qualified applicants could pay as low as $250 for their bonds. Request your free bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Appraisal Management Company Bond $25,000 Starts at $250 $1,000-$2,000 $2,500+ 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.

Let our experts do all of the hard work for you when it comes to purchasing the North Carolina AMC bond you need. Call 1 (800) 308-4358 or click here to get started!

Why do I need this bond?

North Carolina AMC bonds ensure that principals (appraisal management companies) conduct business according to all state and industry laws. By posting the bond, the principal pledges to promptly pay any amount of money due as provided in N.C.G.S. 93E-2-1.

The surety will initially cover any and all damages suffered by harmed parties as a result of the principal’s unlawful business practices up to the full bond amount. The AMC must reimburse the surety for any damages paid out.

Request your free surety bond quote now!

What’s the fine print?

Appraisal management company bonds in North Carolina remain in full force and effect until canceled and for as long as the principal remains in compliance with the terms of the surety bond contract.

The surety can cancel the bond by giving 90 days’ written notice of cancellation to both the principal and the North Carolina Appraisal Board.

How to start an appraisal management company in North Carolina

To become licensed as an appraiser in North Carolina, applicants must do the following:

  • complete the required courses
  • download the application for licensure here
  • complete and submit the application
  • account for experience hours
  • and more

More licensing information can be accessed from the Important Links section of this page.

Take the first step toward becoming an appraiser in North Carolina by applying for your surety bond now!

Ready to get started?

Get a FREE Appraisal Management Company Bond Quote Today!

How to Become an Appraiser

North Carolina Appraiser Board

North Carolina AMC Surety Bond Requirement

Application for Appraisal Management Company Registration

North Carolina Appraisers Act

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