Not in New Mexico? Appraisal management company bonds in other states

New Mexico appraisal management bonds.
$250 flat.

New Mexico requires every appraisal management company to file a fixed $25,000 bond to register with the Real Estate Appraisers Board. Ours is $250 flat — the price you see is the checkout price — and license bonds like this issue instantly.

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Required to register or renew an AMC with the New Mexico Real Estate Appraisers Board
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Fixed price, fixed amount — $25,000 bond, $250, 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 New Mexico appraisal management bond cost?

$250 at the $25,000 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

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

MINUTES, USUALLY

Pay & e-sign

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

SAME DAY

File with your registration

Your executed bond and power of attorney arrive by email, ready to file with your Real Estate Appraisers Board registration or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

New Mexico registers appraisal management companies through the Real Estate Appraisers Board at the Regulation and Licensing Department, and conditions registration on a $25,000 surety bond. The bond is a compliance guarantee: it stands behind the company's obligations under the New Mexico Appraisal Management Company Registration Act.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of New Mexico (the obligee), with harmed parties protected. By statute, payments from the bond may be used only to cure a violation the Board has confirmed against the registrant, and a claim must be made within two years of the Board's final order finding a violation.

The bond must stay active for the life of your registration. Let it lapse and your registration is at risk — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.

NM AMC Registration Act (NMSA Ch. 47, Art. 14)New Mexico's Appraisal Management Company Registration Act (NMSA 1978, Chapter 47, Article 14) requires each AMC to file a $25,000 surety bond, underwritten by a corporate surety authorized in New Mexico, as a condition of registration with the Real Estate Appraisers Board. Bond payments may be used only to cure a Board-confirmed violation, and claims must be made within two years of the Board's final order. Confirm the current amount on your Board application.

You need this bond if you're

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Registering an AMC in New Mexico — the bond is filed with your application
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Renewing your AMC registration and your bond is expiring or your surety non-renewed
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An out-of-state AMC panel-managing appraisers on New Mexico properties
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Re-registering after a lapse that requires a fresh bond filing
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 your registration. Your executed bond and power of attorney arrive by email, ready to file with your Real Estate Appraisers Board registration or renewal. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $250 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 New Mexico AMC bond?The premium is $250, set by our carrier for this fixed $25,000 bond — the same for every AMC. The $25,000 is set by statute, so there is no quote process.
Do I pay the $25,000?No. You pay $250. The $25,000 is the surety's maximum liability if a valid claim is confirmed against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?AMC bonds like this are among the thousands of bond types that issue right after purchase — many companies 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. Most applications approve instantly. Small fixed-amount registration bonds like this one rarely need a check.
When does it renew?The bond must stay active for as long as you hold the registration. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your registration 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 New Mexico 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 registration today.

$250 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$250
Apply now →