How much will my $5,000 Pennsylvania auctioneer bond cost?
Pennsylvania auctioneer bonds cost just $100 and are issued instantly. Simply click Buy Now to visit our online bond checkout where you can buy your bond safely and securely. In just a few minutes you can be on your way to being bonded as an auctioneer in Pennsylvania.
|Bond Type||Bond Amount||Cost|
|$5,000 Auctioneer Bond||$5,000||$100|
Why do I need this bond?
The Pennsylvania State Board of Auctioneers requires all applicants looking to become a licensed auctioneer to obtain a $5,000 surety bond.
Pennsylvania auctioneer bonds are required of any person looking to conduct auctions in Pennsylvania. The bond is conditioned on the auctioneer’s adherence to the rules and stipulations of the Pennsylvania Auctioneer and Auction Licensing Act. The bond also provides for the repayment of any financial losses as a result of an auctioneer’s poor professional practices.
What’s the fine print?
This bond is required by the Pennsylvania State Board of Auctioneer Examiners. Auctioneer bonds are considered continuously effective until canceled. If the surety wishes to terminate this bond, 10 days’ notice prior to cancellation must be given to the Board.
How to become an auctioneer in Pennsylvania
Each license application must be made on a form provided by the board. The prerequisites for the license are as follows:
- Graduation from approved school of auctioneering or two years of apprenticeship with 30 sales
- Passing score on Pennsylvania Auctioneer Examination
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