Thursday , 21 January 2021

Appraisal Management Company (AMC) License Bonds. Are They Working?

By Peter Christensen Current AMC Bond Requirements

Eighteen states now require AMCs to carry surety bonds to be
properly registered to operate in those states. 
The required bond amounts vary from $10,000 in New Mexico to $100,000 in
Washington.  A list at the end of this post shows the
required bond amounts in each state.

Are AMC Bonds Working?

The requirement for AMCs to carry bonds serves two purposes. 

Via:: Appraisal Management Company (AMC) License Bonds. Are They Working?

      

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About Peter Christensen

Peter Christensen
Peter Christensen is the principal attorney of the Christensen Law Firm www.valuationlegal.com. His work focuses on matters concerning valuation (real estate, personal property and business) and related services. He’s the author of Risk Management for Real Estate Appraisers and Appraisal Firms, published by the Appraisal Institute.

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