California - Prepaid Rental Listing Service (PRLS) ($10,000) — required surety bond in California. Apply online in minutes.
The California Prepaid Rental Listing Service (PRLS) bond is a type of surety bond required for businesses that provide lists of available residential rentals to prospective tenants for an upfront fee. It guarantees that the PRLS will operate honestly, handle advance fees appropriately, and process required refunds to consumers. If the business fails to fulfill its obligations, the bond provides a financial safety net for harmed individuals.
Any individual or business operating as a Prepaid Rental Listing Service in California typically needs to secure this bond to obtain or maintain their license. This includes companies that supply residential rental listings in exchange for a prepaid fee before the tenant secures a lease. You should always verify your specific licensing requirements directly with the issuing state agency.
The obligee requires this bond to protect consumers from fraudulent practices, such as providing false rental listings or refusing to issue lawful refunds of prepaid fees. It serves as a financial guarantee that the licensee will comply with state regulations governing rental listing services. By requiring this bond, the state ensures there are funds available to compensate prospective tenants if the business violates its professional duties.
To get started, click the Apply Now button to complete our secure online application in about five minutes. Once your application is reviewed and payment is made, your bond will be delivered directly to you by email. For assistance or questions during the application process, contact Noah Insurance Agency at 814-718-0060.
Premiums vary based on the applicant's credit history and overall financial profile. Please apply online for exact figures, as quotes are determined on a case-by-case basis.
Requirements vary depending on your specific business structure and licensing status. You must verify the exact bond amount required with the issuing agency before purchasing your bond.
Yes, securing a bond with less-than-perfect credit is often possible, though underwriting requirements vary. Noah Insurance Agency works with a nationwide network of carriers to find options for various credit situations.
Approval and issuance speeds vary by applicant, but our process is designed to be highly efficient. Complete the secure online application for exact details on approval times and email delivery.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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