What is a Texas Real Estate School Bond?
The Texas Real Estate School Bond is required by the Texas Real Estate Commission. The surety bond guarantees compliance with the rules of the Texas Real Estate Commission pertaining to the accreditation along with faithful execution of the duties defined by and the terms Chapter 1101 of the Texas Occupations Code. The bond is issued for the benefit of a student who may be harmed by the failure of real estate school or its courses to meet the obligations to the student.
In addition to the bond, applicants must also submit the following;
- A completed Qualifying Education Provider Application
- Maintain a fixed office in Texas or designate a resident of Texas to act as attorney-in fact.
- They must also pay the required fee and submit all the needed documents including, financial statements, proposed budget, and a market survey.
How do I obtain a Texas Real Estate School Bond?
Here at Surety1, we can assure you that you will receive only the best service from us. We offer the lowest rates through our partnership with over a dozen A-rated surety companies. With our fast and friendly service, your application for a bond may even be approved within just one business day!
Just complete the online application form and wait for a call from one of our agents who will give a quote for your bond. Once you pay the bond premium and sign the paperwork, we will send the bond via USPS Priority Mail.
Surety1 has been issuing surety bonds since 2003, and we have been servicing clients from all 50 states. We are also rated A+ by the Better Business Bureau.