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Oregon Manufactured Structures Dealer Bond

How much does a manufactured structures dealer bond cost in Oregon?

The Oregon Department of Consumer and Business Services’ Division of Finance and Corporate Securities requires manufactured structures dealers to post surety bonds in varying amounts prior to conducting business.

Applicants for a manufactured structures dealer license must post $40,000 bonds. Applicants for a limited manufactured structures dealer license must post $15,000 bonds.

These bonds are subject to underwriting consideration, so the price you’ll pay depends on a review of your qualifications. We offer an exclusive bad credit bonding program through which we approve 99% of all applicants for the bonds they need quickly and easily.

Bond Type Bond Amount Cost*
$40,000 Manufactured Structures Dealer Bond $40,000 Starts at $400 Apply Now
$15,000 Manufactured Structures Dealer Bond Limited $15,000 Starts at $150 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?

Oregon manufactured structures dealer bonds protect any retail customer suffering loss or damages caused by fraudulent acts at the hands of the principal (manufactured structures dealer). By posting this bond, the principal guarantees to perform all duties in compliance with the provisions of Chapter 446 of the Oregon Revised Statutes.

If the principal fails to uphold the terms of the surety bond agreement, the surety will cover any damages up to the full bond amount, and the principal must reimburse the surety for any damages paid out.

What’s the fine print?

Manufactured structures dealer bonds in Oregon become effective on the day indicated on the bond form and remain in full force until the department releases the surety from liability or until the surety cancels the bond. The surety can cancel the bond by giving 30 days’ written notice to the principal and to the Department of Consumer and Business Services, Division of Finance and Corporate Securities.

How to become a manufactured structures dealer in Oregon

To become licensed as a manufactured structures dealer in Oregon, applicants must submit a completed application form and submit all required fees and a surety bond in the proper amount.

If you are a real estate broke who sells manufactured homes, you must be licensed as a manufactured structure dealer.

Licenses remain valid for a 3 year term.

Additional Resources

Division of Finance and Corporate Securities Applications, forms, and reports

Manufactured Structures Dealer License Application

Limited Manufactured Structures Dealer License Application

Chapter 446 - Manufactured Dwellings and Structures; Parks; Tourist Facilities; Ownership Records; Dealers and Dealerships

Manufactured Structures Dealer and Limited Manufactured Structures Dealer and Surety Bond

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