Maryland Transient Merchant Bonds
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What Is a Maryland Transient Merchant Bond?
Maryland solicitor, mobile vendor or transient merchant bonds protect consumers and the state from unlawful business practices. Under this surety bond, transient businesses guarantee local governments offices in Maryland that they will pay all taxes and fees owed as well as conduct business honestly.
How Much Do Transient Merchant Bonds Cost in Maryland?
Maryland solicitor, mobile vendor or transient merchant bonds are available for instant purchase for a flat rate of $100 per year. Save time on renewal and an additional 25% each year by selecting a multi-year term.
Select the bond you need below to apply or buy online in minutes.
How Do I Get a Transient Merchant Bond in Maryland?
You can get your Maryland solicitor, mobile vendor or transient merchant bond online on SuretyBonds.com with just four steps:
- Select your bond
- Checkout online
- Receive your bond instantly via email
- File the bond with your local licensing authority
If you have any questions, call 1 (800) 308-4358 to speak with a surety expert.
How Does a Maryland Transient Merchant or Solicitor Bond Work?
In Maryland, a solicitor, mobile vendor or transient merchant bond binds three parties in a legal contract:
- Principal: The individual or business purchasing the bond
- Obligee: The Maryland government office requiring the bond
- Surety: The company issuing the bond
If a principal’s actions cause harm, the obligee or consumers can file a claim on the bond. The surety will pay out valid claims to harmed parties then seek reimbursement from the principal.
Who Needs a Maryland Transient Merchant Bond?
Transient and mobile businesses must be bonded to operate in the following Maryland locations:
- Salisbury: mobile vendors and transient merchants
- Manchester: solicitors and canvassers
You can find license applications in the More Resources section below.
More Resources
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.