The City of Wood Dale requires a $1,000 license bond from auctioneers before it licenses them to conduct sales inside city limits. Ours is $100 flat — the price you see at checkout is the price you pay, the same for every applicant. The application collects no credit information.
















A municipal license bond is among the simplest bonds we issue. Here is the whole process:
Business details and an effective date — that is the application. No financials, no credit section on this bond’s form.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your auctioneer license application or renewal. Wet-ink original mailed on request.
The City of Wood Dale licenses businesses and trades that operate inside city limits through its Community Development Department, and conditions an auctioneer license on a $1,000 surety bond filed with the City. The bond guarantees an auctioneer conducts sales in compliance with city licensing terms.
It’s a three-party arrangement: you (the principal), the surety carrier, and the City of Wood Dale (the obligee), with the City and the public it licenses for as the protected parties. If a licensed auctioneer violates the terms of the license, a covered claim can run against the bond.
It is not insurance for you. If the City makes a valid claim and the surety pays, you repay the surety. This bond runs alongside the separate Illinois state auctioneer license required under the Auction License Act — the City’s bond does not replace it.
These are the actual issuing fields — no credit section, because this bond doesn’t have one.
Start the application →$100 flat, soft pull only, bond often issued in the same sitting. Free until issued.