1 (800) 308-4358

Mon-Fri 7am-7pm CST

Choose Bond
Enter Info
Receive Quote

Tennessee Appraisal Management Company Bond

Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.

$200.00

1 year term

$350.00

2 year term - save $50.00!

$500.00

3 year term - save $100.00!

Want your bond emailed to you Tuesday, Dec. 6? Buy your bond within 21 hrs 4 min! !

SECURE

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

BEST PRICES

We shop the top surety markets to find you the best rate.

FAST

We’ve streamlined the bonding process to make your experience as fast and easy as possible.

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

A Tennessee appraisal management company bond costs $200 and is issued instantly. A 25% discount is available for subsequent years if multiple years of coverage are purchased. Simply click Buy Now to visit our secure bond checkout, where you can purchase your bond instantly. It only takes a few minutes to be on your way to being bonded as an appraisal management company in Tennessee.

Bond Type
$20,000Appraisal Management Company Bond

Why do I need an appraisal management company bond?

The Tennessee Real Estate Appraiser Commission requires appraisal management companies working in the state to maintain a $20,000 surety bond. This type of bond requires appraisal management companies to comply with all rules and regulations as outlined in Tennessee Code Annotated 62-39-400. The following is a list of tasks frequently carried out by appraisal management companies:

  • Administering appraiser panel
  • Verifying licensing and certificates
  • Tracking status of appraisal orders
  • Negotiating fees and services with appraiser panel
  • Maintaining completed appraisals prior to delivery
  • Providing completed appraisals to mortgage lenders who order them

What are the details of AMC bonds?

Tennessee appraisal management company surety bonds are required by the Tennessee Real Estate Appraiser Commission. This specific bond is continuous until canceled. A written notice must be given to the Tennessee Real Estate Appraiser Commission 30 days prior to the cancellation date.

How to become an AMC in Tennessee

To become a licensed real estate appraisal management company in Tennessee you must:

  • Complete a background check
  • Complete the required courses depending on the level of license
  • Submit an experience log
  • Pass the exam administered by the Tennessee Real Estate Appraiser Commission
  • Pay the $405 application fee

All companies are required to complete a consent to service of process form and designate one controlling person. The controlling person will serve as the main contact for all communication between the company and the Tennessee Real Estate Appraiser Commission.

Appraisal Management Company Bonds Nationwide

Many appraisal management companies are licensed to work in multiple states, meaning they are must adhere to different license and bonding requirements. For more information about appraisal management company bonds in other states, visit the SuretyBonds.com Guide to Appraisal Management Company Bonding or select a state from the list below to view each state’s AMC bond requirements.

Ready to get started?

Call 1 (800) 308-4358 to talk with a Surety Expert

or