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City of Pearl rental property bonds.
$125 flat.

The City of Pearl 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 check.

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Required by the City of Pearl 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
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 City of Pearl rental property bond cost?

$125 at the $25,000 amount, the same for every applicant.

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 is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Small fixed-amount municipal bonds like this typically issue right after purchase.

SAME DAY

File with the City of Pearl

Your executed bond arrives by email, ready to file with the City of Pearl 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 Pearl 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 Pearl (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 Pearl — rental property registrationThe City of Pearl, 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 Pearl. The specific municipal code section is administered by the city — confirm the filing details with the City of Pearl before submitting.

You need this bond if you are

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Registering a rental dwelling with the City of Pearl 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 Pearl city limits
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 $25,000 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 the City of Pearl. Your executed bond arrives by email, ready to file with the City of Pearl as part of your rental registration. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $125 at the $25,000 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 City of Pearl 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 the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information.
When does it renew?The bond must stay active for as long as the City of Pearl 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.
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 Mississippi bonds.

Been told you need a different amount?

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

Finish your Pearl rental registration today.

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

Your price$125
Apply now →