District of Columbia condominium warranty bonds.
From $100.
The District requires a condominium declarant to post warranty security backing its two-year warranty against structural defects, under DC Code § 42-1903.16. The amount is generally 10% of estimated hard construction and conversion costs — the premium is 4% of the bond amount, with a $100 minimum, shown at the application.
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How much does a District of Columbia condominium warranty bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard condominium warranty bond — enter your amount, pay, and file with your registration. Here is the whole thing:
Apply online
Your project and entity details, the warranty security amount, and the effective date — that is the application.
Issued on the spot
Most applicants are issued as soon as they pay — no waiting. Above $10,000, a soft pull may add a short review.
Post with the Mayor
Submit the executed warranty security at the time the condominium registration order is issued. Wet-ink originals mailed whenever the District insists.
What it is and who needs it.
What the warranty bond actually covers
Under the DC Condominium Act, DC Code § 42-1903.16, a condominium declarant warrants the common elements and each unit against structural defects for two years — measured from when each unit is conveyed to the first purchaser. A structural defect is one that reduces the stability or safety of the structure below commonly accepted standards or restricts its normally intended use.
To back that warranty, the declarant must post warranty security with the Mayor at the time the condominium registration order is issued, in the amount of 10% of the estimated hard construction and conversion costs (labor and materials). A surety bond is one of the accepted forms, alongside a letter of credit or other approved security.
The security must be automatically renewable and may expire only with the Mayor's permission; if the declarant fails to make warranty repairs, funds can be drawn from it. The premium is 4% of the bond amount, with a $100 minimum. Confirm your figure, since the statute and its amendments govern the exact amount and release.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The carrier issues this bond for a single two-year term; the term cannot be changed at checkout.
Renewal falls on the statutory date, October 8, in the year your term ends.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Issued on the spot. Most applicants are issued as soon as they pay — no waiting. Above $10,000, a soft pull may add a short review.
What sets the price
The premium is 4% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your warranty security amount — the executed bond is generated instantly, ready to post with your registration.
Start the application →Common questions.
Other District of Columbia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Condominium warranty bond, issued today.
Pricing from $100. Enter your amount and post it with your registration the same day.