Not in North Dakota? Appraisal management company bonds in other states

North Dakota appraisal management company bonds.
$250 flat.

North Dakota requires every appraisal management company to file a $25,000 bond with the Real Estate Appraiser Qualifications and Ethics Board before registering. Ours is $250 — set by our carrier's rate book, the same for every company — and the application collects no credit information.

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Required to register an AMC with the North Dakota Appraiser Board under N.D.C.C. ch. 43-23.5
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Fixed amount, fixed price — $25,000 bond, $250, no quote process
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Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

AMC bonds are among the simplest in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit fields, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the Appraiser Board

Your executed bond and power of attorney arrive by email, ready to file with your AMC registration. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the AMC bond actually guarantees

An appraisal management company sits between lenders and appraisers — ordering appraisals, managing panels, and paying appraisers. North Dakota registers AMCs and conditions registration on a $25,000 surety bond as a consumer-and-appraiser protection.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of North Dakota (the obligee), with consumers and appraisers as the protected parties. If an AMC violates appraisal-management law — for example, by failing to pay appraisers or breaching appraisal-independence rules — a harmed party can recover against the bond.

The bond must stay active for as long as you are registered. Let it lapse and your registration can be suspended — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous. If the surety pays a claim, the AMC repays the surety.

N.D.C.C. ch. 43-23.5North Dakota's appraisal management company law (N.D.C.C. ch. 43-23.5, enacted in 2017) requires every AMC to file a $25,000 surety bond with the Real Estate Appraiser Qualifications and Ethics Board before registering, conditioned on the AMC's compliance with the chapter and the board's rules. A harmed consumer or appraiser may claim against the bond up to the full amount.

You need this bond if you're

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Registering an AMC in North Dakota — the bond is filed with your registration
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Renewing an AMC registration and your bond is expiring or your surety non-renewed
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A national AMC entering North Dakota that must register before ordering appraisals here
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Reinstating a lapsed registration that requires a fresh $25,000 bond

One application, issued instantly.

These are the actual issuing fields — the application collects no credit information for this bond.

Start the application →
FAQ

Common questions.

How much is the North Dakota AMC bond?The premium is $250 — set by our carrier for the fixed $25,000 bond amount, the same for every company. The $25,000 is set by statute, so there is no quote process.
Do I pay the $25,000?No. You pay $250. The $25,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase — many companies finish the application and have the bond in the same sitting.
Is there a credit check?The application collects no credit information for this bond — most applications approve instantly.
When does it renew?The bond must stay active for as long as you are registered. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your registration never lapses over a missed email.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other North Dakota bonds.

Finish your AMC registration today.

$250, no credit review, bond often issued in the same sitting. Free until issued.

Your price$250
Apply now →