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Colorado Buyer Agent Bond

The $5000 Colorado buyer agent bond will typically cost you just $100, annually. Your profession is regulated by the Department of Revenue. Please call AmeriPro Surety Bonds today at 844-589-9732.

Colorado Buyer Agent Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Buyer Agents – Colorado

 

 

 

The Colorado Department of Revenue, Enforcement Division, regulates the activities of buyer agents in the state. Buyer agents act as agents for persons who are interested in purchasing vehicles.

However, a buyer agent is not someone who purchases vehicles for resale; they are not an auto dealer. An auto dealer cannot at the same time be an auto agent. The same is likewise true for salespersons.

All of this is clearly spelled out on the Department site.

Besides licensing, payment of any licensing fees, and fingerprinting, you are required to purchase a surety bond.

 

 

 

Colorado Buyer Agent Bond: Amount Required and Qualifying

 

 

 

The Colorado buyer agent bond is a $5000 surety bond required as per § 12-6-112.2 of the state’s statutes.

Qualifying for this surety bond is by means of an application and a credit score inquiry.  The application is a standard application and can be taken over the phone by an agent. The credit score inquiry is a “soft pull” which means that this inquiry will not affect your credit score.

 

 

 

Amount of Surety Bond Required and the Term

 

 

 

Applicants for the buyer agent surety should typically pay just $100. The bond is issued for a period of one year and must be reissued annually.

Purpose of this Bond:

The purpose of your Colorado buyer agent surety bond is to act as a financial guarantee that you will be in compliance with all rules and statutes concerning your professional, particularly part 1 of Title 12, Article 6 of the Colorado Revised Statutes.

Recovery under this surety bond for any claims is found under §12-6-112.2(1), 12-6-112.2(2) and §12-6-112.2(3) of the Colorado Revised Statutes.  As obligor of this bond, you are responsible, up to the aggregate amount of the bond ($5,000), excluding attorney fees and costs, for any claims paid against your surety bond.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency.

Our agency provides license and permit, court, and fiduciary bonds throughout Colorado. We also provide surety bonds nationwide.

Please call our agency today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out the form below and an agent will contact you…

 

 

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