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Minnesota limited dealer bonds.
$100 flat.
A Minnesota limited manufactured home dealer — a dealer whose activity is narrow enough to qualify for the limited license — files a $5,000 bond with the Department of Labor and Industry under Minn. Stat. 327B.04. The premium for this bond is set by our carrier at $100 flat. One soft credit pull, which affects approval, never the price.
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Three steps to filed.
Your limited dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the Department of Labor and Industry
Pay online and receive the executed bond, ready to file with your limited dealer license application. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the limited dealer bond actually guarantees
Minnesota's manufactured home licensing law at Minn. Stat. 327B.04 provides for a limited dealer license, for dealers whose manufactured-home activity is narrow enough to qualify. The Department of Labor and Industry conditions that license on a $5,000 surety bond.
Like the full dealer bond, the limited dealer bond is for the protection of consumer customers, conditioned on faithful compliance with the laws and rules governing your business and faithful performance of your obligations to consumers. A consumer harmed by a breach can recover against the bond, up to the $5,000 penal sum.
It is not insurance for you — if the surety pays a claim, you repay the surety. At this stage we run one soft credit pull as part of underwriting; it informs approval, never the price. Confirm with the Department whether your activity qualifies for the limited license.
You need this bond if you're
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Minnesota bonds.
Limited dealer bond, issued today.
$100 flat, short application, soft pull only, bond issued when you pay. Free until issued.