appraisal management company bond

New Jersey Appraisal Management Company Bond

By November, 2017 all AMCs must post a New Jersey appraisal management company bond in order to conduct operations within the state. Assembly Bill 1756, originally introduced in 2013 will be implemented by the State Real Estate Appraiser’s Board and new… Continue Reading →

Iowa Appraisal Management Company Surety Bond

Effective January 1st, 2017 the State of Iowa has begun the regulation of appraisal management companies. Among other licensing qualifications and requirements, an AMC must also post an Iowa appraisal management company surety bond. The Iowa Division of Banking is… Continue Reading →

Idaho Appraisal Management Company Surety Bond Required

Effective March 22nd, 2016 an Idaho Appraisal Management Company surety bond is one of the statutory requirements for operating and AMC in the state. The state legislature’s purpose was to create an oversightsystem for appraisal managers. The house committee’s stated, “In most… Continue Reading →

North Carolina Appraisal Management Company Surety Bond

In 2013, the North Carolina General Assembly amended N.C.G.S. 93E-2-4 to require that appraisal management companies post a North Carolina appraisal management company surety bond in the amount of $25,000 bond. The law went in to effect on January 1, 2014,… Continue Reading →

South Dakota Appraisal Management Company Surety Bond

The State of South Dakota’s Appraisal Management Company Registration Program has been recently amended to require a South Dakota appraisal management company surety bond from EVERY registrant operating within the state.  The new surety bond requirement is effective as of… Continue Reading →

Appraisal management company bond.

The past five years have seen a significant rise in the number of appraisal management companies serving the real estate market.  Due to unsound and at times illegal business practices several states have enacted a surety bond requirement for this… Continue Reading →

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