ME property preservation bonds.
$450. Five minutes.

Maine licenses residential real estate property preservation services providers through the Bureau of Consumer Credit Protection, and conditions the license on a $15,000 bond under 32 M.R.S. §§11001–11054. Ours is $450 flat — 3% of the bond amount, same for everyone. No credit check on this bond.

Required for your Maine RPP services provider license — new applicants and renewals
Fixed amount, fixed price — $15,000 bond, $450, no quote process
Multi-year terms available — set it once for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

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

NOW · 5 MINUTES

Apply online

Business details, your county, and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with your license

Your executed bond and power of attorney arrive by email, ready to file with the Bureau of Consumer Credit Protection. Wet-ink original mailed on request.

The whole pricing page.

$15,000 bond × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$450
2-year term
$900
3-year term
$1,350
About this bond

What it is and who needs it.

What the bond actually guarantees

Maine regulates residential real estate property preservation services providers — companies that secure, maintain, and preserve residential properties, often on behalf of lenders during default or foreclosure — under 32 M.R.S. §§11001–11054, administered by the Bureau of Consumer Credit Protection.

The license is conditioned on a $15,000 surety bond. The bond is a compliance guarantee: it stands behind your obligation to follow the property preservation statute and the rules of the Bureau, so harmed parties have a financial backstop if you violate them.

It is not insurance for you — if the surety pays a valid claim, you repay the surety. The bond must stay active for the life of your license, so we track it and notify you 60 and 30 days out to keep your $15,000 filing continuous.

32 M.R.S. §§11001–11054Maine residential real estate property preservation services providers are licensed by the Bureau of Consumer Credit Protection under 32 M.R.S. §§11001–11054, which conditions the license on a $15,000 surety bond guaranteeing compliance with the statute and the Bureau's rules. Confirm the amount on your license application.

You need this bond if you're

Applying for a Maine RPP provider license for the first time
Renewing your provider license and your current bond is expiring or non-renewing
Securing and maintaining properties on behalf of lenders or servicers in Maine
Adding property preservation to a repossession or field services business

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Maine property preservation bond? +
The premium is $450 — a flat 3% of the fixed $15,000 bond amount, the same for everyone. The $15,000 is set by statute, so there is no quote process.
Do I pay the $15,000? +
No. You pay $450. The $15,000 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 Maine Bureau of Consumer Credit Protection requires it as a condition of a residential real estate property preservation services provider license, under 32 M.R.S. §§11001–11054.
Is there a credit check? +
Not on this bond — the application has no credit section. Small fixed-amount license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your license checklist today.

$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$450
Apply now →