This bond is required by the State of Tennessee. The bond states that the bond holder, or Principal, must faithfully perform all the obligations of an Appraisal Management Company under Tenn. Code Ann. 62-39-401, et. seq. and any rules or regulations adopted after. The required bond amount is $20,000. In many cases, the premium on this bond is as little as $200.
To Obtain a Tennessee Appraisal Management Company Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.