New York Second Hand Dealer Bonds
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What Are New York Second Hand Dealer Bonds?
New York secondhand dealer bonds, also known as pawnbroker bonds, ensure that dealers follow government regulations and operate honestly. They protect government entities and consumers from financial harm if a dealer is fraudulent or noncompliant with licensing laws.
How Much Does a Second Hand Dealer/Pawnbroker Bond Cost in New York?
New York second hand dealer and pawnbroker bonds cost a flat rate of $100–$175 per year for all applicants. Or, you can save 25% per year by selecting a multi-year term on certain bonds. Select the bond you need below to buy your bond instantly online.
SuretyBonds.com does not charge any additional brokerage fees.
Who Needs a Second Hand Dealer Bond in New York?
New York has the following surety bond requirements for pawnbrokers and second hand dealers:
- City of Buffalo Pawnbroker Bond
- City of Canandaigua Second Hand Dealer Bond
- New York City Pawnbroker Bond
- Suffolk County Second Hand Dealer Bond
- Town of Greece Second Hand Dealer Bond
- Town of Oyster Bay Second Hand Dealer Bond
- Village of Mineola Second Hand Dealer Bond
- Town of Hempstead Secondhand Dealer Bond
These bonds ensure that wronged customers have a safeguard from unprofessional acts of business and can be compensated for any potential losses. By posting this bond, a second hand dealer promises to obey all applicable rules, regulations and local ordinances in New York.
How Do I Apply for a New York Second Hand Dealer Bond?
With SuretyBonds.com, you can get your New York secondhand dealer or pawnbroker bond in minutes:
- Select the bond you need.
- Checkout instantly online.
- Receive your bond documentation via email.
Once you receive your bond, file it with the government licensing agency requiring the bond to become officially bonded.
How to Become a Second Hand Dealer in New York City?
It is against the law to conduct business as a second hand dealer of goods in New York City, New York without first obtaining the proper license. Submit the materials below to become a licensed second hand dealer in New York City:
- Basic license application
- Sales tax identification number or certification of authority application confirmation number
- A copy of the $1,000 second hand dealer compliance bond
- Child support certification form
- Full set of fingerprints
- Processing and licensing fees
Other towns, counties and villages in New York enforce separate licensing requirements. Visit your local licensing authority to learn more.
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