In North Dakota, a mobile home dealer must have a specific license and must provide a North Dakota mobile home dealer bond. Like motor vehicle dealers, a mobile home dealer is regulated by the Department of Transportation, Motor Vehicle Division. The state statute defines a mobile home dealer as a person, partnership, corporation, or limited liability company engaged in the business of buying, selling, or exchanging of mobile homes or travel trailers, or that advertises to the public as being in the business of buying, selling, or exchanging of mobile homes or travel trailers (ND Century Code 39-18). The North Dakota mobile home dealer bond must be written in the amount of $10,000. The bond obligation guarantees that the licensee will comply with the provisions of Title 39 and indemnify any person transacting business with him or her from any loss or damage as a result of the licensee’s conduct. A new bond is required each year and the liability is CUMULATIVE. Surety leader, Surety One, Inc. is a knowledgeable about motor vehicle dealer bonds and related vehicle service bonds in ALL states where they are required. Our special programs can ensure that you get bonded regardless of credit and financial condition. Visit SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.com for a North Dakota mobile home dealer bond application or for information on any surety need.
