Missouri Appraisal Management Company Bond |
AmeriPro Surety Bonds | 844-589-9732
Appraisal Management Companies – Missouri
The licensing and registering of appraisal management companies in Missouri is overseen by the Missouri Real Estate Appraisers Commission.
A condition of licensing is that a surety bond be furnished to the Department.
Our agency quickly facilitates your requirement to obtain this bond.
Missouri Appraisal Management Company Bond: Amount Required and Obtaining
The Missouri appraisal management company bond is a $20,000 surety bond. The bond is both required to become licensed and must be maintained through the duration of an appraiser company license.
Candidates for this surety bond through our agency have no underwriting or credit review procedure; this surety bond is “instant issue”.
What this means is that upon completion of a standard surety bond application and payment of the premium (the cost of the bond’s issuance), the bond is issued to you immediately.
Once issued, a copy of the bond can be emailed to you, and the original will be mailed to you by the same or the following business day.
The Premium: Three Payment Options
AmeriPro Surety Bonds offers three payment amounts for the Missouri appraisal management company bond. These are as follows:
- A 1 year premium is $200;
- If the bond is prepaid for two years, the premium is $360;
- If prepaid for 3 years, the premium is $520.
Each prepayment option offers a greater savings over year-to-year premium renewals.
Purpose of this Surety Bond
The Missouri appraisal management company bond is a financial guarantee which ensures your compliance with all rules, statutes, and amendments governing appraisal management within the state.
More specifically, the bond ensures your compliance with all aspects of the Missouri Certified and Licensed Real Estate Appraisers and Appraisal Management Company Regulation Act.
While required of an appraisal management company, your surety bond protects the consumers from any acts of fraud or malfeasance committed by an appraisal management company, its employees, managers, or agents.
As principal of this surety bond, you agree to indemnify the surety for any fees and costs paid against your bond; except that, with some exceptions, you are not liable for more than the aggregate total of your bond amount.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary surety bonds throughout Missouri.
Our agency also provides surety bonds nationwide.
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