Alabama Auctioneer Bond

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Who needs to file an Alabama Auctioneer Bond?

The Alabama Auctioneer Bond is required by the State of Alabama Board of Auctioneers for all who wish to be licensed as an auctioneer in the state. The $10,000 bond is used to help protect against any misconduct by an auctioneer, including misrepresentation of items being auctioned and substitution of goods. The bond guarantees the recovery of fines and fees levied by state regulators for the auctioneer’s non-compliance with the provisions of the Code of Alabama Chapter 34-4. Typically, the premium on this bond is as low as 1% with the submission of a completed application.

What are other requirements that must be submitted?alabama auctioneer bond

Aside from the $10,000 bond, the application for a Resident Auctioneer should include the following:

  • Completed application form – Make sure that all parts have been filled.
  • Letter of Recommendation from sponsor
  • Payment of $200 for the license fee
  • Request for Conviction/Criminal History Record
  • Proof of Apprenticeship
  • Proof of Citizenship

How do I obtain an Alabama Auctioneer Bond?

Surety1 has been in the business since 2003. We are servicing all 50 states and we have partnered with A rated surety companies to get you the best price for your bond. Simply answer our online application form and wait for a call from one of our agents who will give you a quote. Pay the quoted amount and sign the agreement. We will send your surety bond via USPS Priority Mail. You may also choose overnight delivery, but this will incur additional cost.

Being rated A+ by the Better Business Bureau. , you are assured not only of getting the best service here at Surety but also the best rates for all your surety bond needs. Call us toll free at 877-654-2327. Contact us from Monday – Friday, 8:00 am – 4:00 pm PST. Our surety agent experts are always ready to assist you in all your surety bond needs.

 

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