City of Madison rental property bonds.
$125 flat.

The City of Madison requires owners of residential rental property to post a $25,000 bond as a condition of registering their rental dwellings with the city. Ours is $125 flat — the price set by our carrier for this bond. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

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Required by the City of Madison for residential rental property owners

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Fixed price, fixed amount — $25,000 bond, $125, no quote process

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Multi-year terms available — set it once, forget it for up to 3 years

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How it works

Three steps. One sitting.

Rental bonds like this are about the simplest thing in surety. Here's the whole process:

NOW · ONLINE

Apply online

Owner and property details and an effective date. That's the application — no financials, no credit section.

MINUTES, USUALLY

Pay & e-sign

Small fixed-amount municipal bonds like this typically issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the City of Madison

Your executed bond arrives by email, ready to file with the City of Madison as part of your rental registration. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A rental property bond is a compliance guarantee to the city. The City of Madison conditions residential rental registration on this bond so there's a financial backstop that registered rental dwellings are maintained to code and that the owner answers for fines or unpaid municipal obligations tied to the property.

It's a three-party arrangement: you, the rental owner (the principal), the surety carrier, and the City of Madison (the obligee). If you violate the city's rental requirements and the city is harmed, it can recover against the bond up to $25,000.

It is not insurance for you — if the surety pays a claim, you repay the surety. Owners who keep their dwellings to code and current treat the bond as a registration formality, not a risk.

City of Madison — rental property registrationThe City of Madison, Mississippi requires this $25,000 bond as a condition of registering residential rental property with the city; the bond amount and terms are set by the City of Madison. The specific municipal code section is administered by the city — confirm the filing details with the City of Madison before submitting.

You need this bond if you are

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Registering a rental dwelling with the City of Madison for the first time

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Renewing your rental registration and your current bond is expiring

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Adding rental units the city ties to a bond filing

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An out-of-area owner of residential rental property inside Madison city limits

One application, issued instantly.

These are the actual issuing fields — no credit section, because this application doesn't collect credit information.

Start the application →

FAQ

Common questions.

How much is the City of Madison rental property bond?The premium is $125 — the price our carrier sets for this fixed $25,000 bond, the same for every rental owner. The $25,000 is set by the city, so there is no quote process.

Do I pay the $25,000?No. You pay $125. The $25,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

How fast will I have the bond?Small fixed-amount municipal bonds like this are among the bond types that issue right after purchase — many owners finish and have the bond in the same sitting. At most, 1–2 business days.

Is there a credit check?The application collects no credit information, so most owners never see a credit question. If a check is ever run on a bond like this, it's a soft pull that never affects your credit score.

When does it renew?The bond must stay active for as long as the City of Madison requires it for your rental registration. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out.

Related bonds

Other Mississippi bonds.

Finish your Madison rental registration today.

$125 flat, no credit review, bond often issued in the same sitting. Free until issued.

Start application

Your price$125

Apply now →