A Massachusetts real estate broker bond is simple, quick and inexpensive to obtain. When a license candidate makes an application to the Board of Registration of Real Estate Brokers and Salesmen for a license to engage in the business of Real Estate Broker as defined in Chapter 112 of the General Laws, he or she must simultaneously file this surety bond.
The Massachusetts real estate broker surety bond must be issued in the amount of five thousand dollars. The bond guarantees that the licensee will account for all funds entrusted to him or her in his capacity of real estate broker. This is a simple obligation that omits any other duty of a licensee. Akin to a fidelity bond, it protects the consumer from dishonest management of third party monies. Bonds and application materials may be submitted as follows:
Board of Registration of Real Estate Brokers and Salespersons
1000 Washington Street, Suite 710
Boston, MA 02118
Board contacts are firstname.lastname@example.org and (617) 723-2373.
Massachusetts surety bond leader, Surety One, Inc. is a specialist in the bonding needs of the real estate and new home building industries. We offer both the surety and fidelity bonds required of these professionals in ALL fifty states, Puerto Rico and the U.S. Virgin Islands. Call us at (800) 373-2804, email us at Underwriting@SuretyOne.com or click here for live chat to purchase a Massachusetts real estate brokerbond or information on ANY bonding need.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.