Not in Louisiana? Appraisal management company bonds in other states

Louisiana appraisal management company bonds.
$200 flat.

Louisiana requires every appraisal management company (AMC) to file a $20,000 bond with the Real Estate Appraisers Board — ours is $200 flat, one-time. The bond issues the moment you pay — no credit check.

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Required for your Louisiana AMC license — new applicants and renewals through the LREAB
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Fixed price, fixed amount — $20,000 bond, $200, 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
Price

How much does a Louisiana appraisal management company bond cost?

$200 at the $20,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here’s the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with your AMC license

Your executed bond arrives by email, ready to file with your LREAB appraisal management company license application or renewal. 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 hires and manages independent appraisers for lenders. Louisiana regulates AMCs under the Appraisal Management Company Licensing and Regulation Act (R.S. 37:3415.1 et seq.), administered by the Louisiana Real Estate Appraisers Board (LREAB), and conditions the license on a $20,000 bond.

It is a compliance-and-payment guarantee: the bond stands behind your faithful performance of the AMC Act — including paying appraisers properly and following the Board’s rules. Under R.S. 37:3415.3(D), every applicant for an AMC license or renewal must file a corporate bond, cash bond, or other security with the Board to secure compliance with the Act.

It is not insurance for you — if a claimant (such as an unpaid appraiser) recovers against the bond, you repay the surety. The bond must stay active for the life of your license; we track it and notify you 60 and 30 days out, keeping your $20,000 filing continuous.

R.S. 37:3415.3(D) (AMC Licensing and Regulation Act)Louisiana R.S. 37:3415.3(D), part of the Appraisal Management Company Licensing and Regulation Act (R.S. 37:3415.1 et seq.), requires every applicant for an AMC license, or renewal, to file a corporate bond, cash bond, or other security — in the amount of $20,000 — with the Louisiana Real Estate Appraisers Board to secure compliance with the Act and the Board’s rules. The bond benefits claimants against the registered AMC, up to the $20,000 amount.

You need this bond if you are

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Applying for a Louisiana AMC license — the bond is filed with your application
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Renewing your AMC license and your bond is expiring or your surety non-renewed
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An out-of-state AMC registering to manage appraisals on Louisiana properties
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Re-registering after a lapse that requires a fresh bond on file with the Board
After you buy

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 $20,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

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

File with your AMC license. Your executed bond arrives by email, ready to file with your LREAB appraisal management company license application or renewal. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $200 at the $20,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the Louisiana AMC bond?The premium is $200, one-time — the same for every AMC. The $20,000 bond amount is set by R.S. 37:3415.3, and the price you see at checkout is the price you pay, no quote process.
Do I pay the $20,000?No. You pay $200. The $20,000 is the surety’s maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Who requires this bond?The Louisiana Real Estate Appraisers Board (LREAB), as a condition of an appraisal management company license under the AMC Licensing and Regulation Act. No active bond, no license.
Is there a credit check?No credit check: the application collects no credit information. Most applications approve instantly.
When does it renew?The bond must stay active for as long as you hold the AMC license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license 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 Louisiana bonds.

Nearby states

The same bond in nearby states.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your AMC license checklist today.

$200 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$200
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