Virginia - Appraiser Management Company ($100,000) — required surety bond in Virginia. Apply online in minutes.
The Virginia Appraiser Management Company Bond is a regulatory surety bond that guarantees a company's compliance with state real estate and appraisal guidelines. It provides financial protection to independent appraisers and consumers against unlawful business practices, such as the failure to pay appraisers for completed assignments.
Business entities that recruit, manage, and distribute assignments to panels of independent real estate appraisers in Virginia typically need this bond. It is a standard requirement for companies seeking to obtain or maintain an active Appraiser Management Company license in the state.
The state licensing authority requires this bond to ensure that management companies operate ethically and fulfill their financial obligations to independent appraisers. If a company violates state regulations or fails to pay for appraisal services, the bond provides a mechanism for harmed parties to seek financial restitution.
Click the Apply Now button to complete our secure, approximately 5-minute online application. Once submitted, our team at Noah Insurance Agency will process your request and provide a prompt quote. After purchase, your official bond documents will be delivered directly to you by email.
Premiums vary based on the applicant's credit history, financial standing, and other underwriting factors. Please apply online with Noah Insurance Agency or call us at 814-718-0060 to get your exact quote.
Bond amount requirements vary based on state regulations. You must verify the exact bond amount required for your business directly with the Virginia issuing agency before applying.
Yes, Noah Insurance Agency works with a wide network of carriers nationwide to help applicants with varying credit profiles secure coverage, though your specific premium will vary.
You will typically file the completed bond with the state agency responsible for managing Virginia real estate appraiser licenses. Always verify the current filing instructions and mailing address with the issuing agency.
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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