The Florida yacht and ship broker bond is required of brokers, for $25,000, and salespersons for $10,000. Both bonds are available through AmeriPro Surety Bonds. Call us now: 844-589-9732
Professionals who are Florida yacht and ship brokers or salesmen are regulated by the Florida Department of Business and Professional Regulation.
Laws relating to the profession are found under Chapter 326 of the Florida Statutes, and 61B-60 of the Florida administrative code.
The surety bond amount required of yacht and ship professionals is in one of two amounts.
AmeriPro Surety Bonds provides both surety bonds.
You are automatically approved for either the $10,000 or $25,000 surety bond amount. This is because our agency offers these bonds without a credit check inquiry. Both surety bonds are issued for 2-year terms. The premium is as follows:
When you call us, we'll ask some very basic information: the name as it should appear on your surety bond. And, we'll need your contact information to include your email, business phone number and mailing address.
Once the premium is paid, your yacht ship broker surety bond and a Power of Attorney from are sent to you.
Upon receipt by mail, you'll sign your bond as Principal, filing all documents to:
Division of Florida Land Sales, Condos, and Mobile Homes, Section of Regulation
1940 North Monroe Street
Tallahassee, FL 32399-1030
The purpose of both the $10,000 surety bond for salespersons, and the $25,000 surety bond for brokers is the same.
The bond is to protect customers from any acts of fraud, theft, or criminal conduct committed by the licensee in the performance of their duties as salespersons or brokers.
The bond is purchased by you, but the bond is for the protection of others; the surety bond does not personally protect either a yacht and ship broker or salesperson at all.
The bond is also a prerequisite for the Florida yacht and ship broker license. The state will not issue a license without it.
Both the broker and salesperson Florida yacht and ship surety bond can be purchased on an annual basis, or prepaid for up to 2 years, thereby offering a savings over annual renewals.
The choice on the time duration is entirely up to you.
In addition to the surety bond requirement, if you are becoming licensed as a broker or salesperson of yachts and ships in Florida you will:
You will submit the application along with the a signed original of the surety bond.
AmeriPro Surety Bonds will mail you a copy of the bond on the same or next business day after your bond purchase.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, contractor, court, and fiduciary bonds throughout Florida.
AmeriPro Surety Bonds also provides surety bonds nationwide.
