Maryland – Baltimore County Auctioneer Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Purpose
As a prerequisite to being licensed in Baltimore County as an auctioneer, the county requires you to submit evidence of financial responsibility in the form of a $5,000 surety bond.
The surety bond is a financial guarantee of your compliance with all rules involving auctioneers. More specifically, the bond guarantees that you will:
- Give an accounting for money entrusted to you;
- Pay and deliver any money or other goods given to you as required by Maryland law.
Qualifying and the Premium
Our agency automatically approves you for the $5,000 Baltimore County auctioneer bond. What this means for you is that there is no credit check, and the annual premium is $100.
When you call our agency, we’ll accept the application from you directly over the phone.
The application just consists of providing the name that should on appear on your auctioneer bond, along with you contact information. This latter includes your email address and phone number.
Upon payment of at least the $100 annual premium, our agency issues your bond to you for filing.
We will sign your bond as Surety; upon receipt by mail, you’ll sign your surety bond as Principal and have it witnessed (it does not need to be notarized).
You will then file your auctioneer bond to:
Department of Permits, Approvals and Inspections
111 West Chesapeake Avenue, Room 101
Towson, MD 21204
Premium Prepayment Options
Your auctioneer surety bond may be prepaid for 2 or 3 years, which, besides lengthening the time between renewals, offers you a savings over annual payment.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $40 savings.
AmeriPro Surety Bonds provides auctioneer-related surety bonds nationwide.
We are a surety bonds-only agency which also provides license and permit, Court, probate, and other surety bonds in Maryland and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…