Oregon Appraisal Management Company Bond
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How much does a $25,000 Oregon appraisal management company bond cost?
An Oregon appraisal management company bond costs $250 without underwriting. A multi-year discount is available. Simply click Buy Now to visit our secure bond checkout and purchase your bond online today. In just a few minutes, you can be on your way to getting bonded as an appraisal management company in Oregon.
Why do I need this bond?
Oregon appraisal management company bonds are required by the Oregon Appraiser Certification and Licensure Board and must be in the amount of $25,000.
Oregon appraisal management company bonds ensure that appraisal management companies will abide by all laws, rules, and regulations stated in the Oregon Revised Statutes Chapter 674. The following actions are prohibited under the Revised Statutes:
- Withholding or threatening to withhold timely payment or future business
- Altering any appraisal report
- Influencing development of any appraisal report
What’s the fine print?
Oregon appraisal management company bonds are continuous until canceled and must be renewed for as long as the license remains active. If the surety for any reason decides to cancel this bond, 30 days’ written notice must be provided to the Oregon Appraiser Certification & Licensure Board.
How to become an appraisal management company in Oregon
Becoming bonded is just the first step toward becoming registered with the state as an appraisal management company. The following are the additional requirements to be completed prior to getting licensed:
- Turning in full application
- Complete background check
- Paying fingerprint fees
- Providing necessary disclosures to the board
Appraisal Management Company Bonds Nationwide
Many appraisal management companies are licensed to work in multiple states, meaning they are must adhere to different license and bonding requirements. For more information, visit the SuretyBonds.com Guide to Appraisal Management Company Bonding or select a state below to view each state’s AMC bond requirements:
Additional Resources
Have Questions?
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