Not in South Carolina? Appraisal management company bonds in other states

South Carolina appraisal management bonds.
$250 flat.

South Carolina requires a $25,000 surety bond from an appraisal management company registering with the Real Estate Appraisers Board — ours is $250 flat, set by our carrier's rate book for this bond. The bond issues the moment you pay — no credit check.

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Required for your SC appraisal management company registration — filed with the Real Estate Appraisers Board at LLR
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Fixed price, fixed amount — $25,000 bond, $250 flat, no quote process
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Runs to June 30 — set it up once.
A-ratedA.M. Best carriersInstantunderwriting processTo Jun 30fixed expiry date
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 South Carolina 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

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 registration

Your executed bond arrives by email, ready to file with your AMC registration application or renewal at the Real Estate Appraisers Board. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

South Carolina registers appraisal management companies through the Real Estate Appraisers Board at LLR, under the appraisal management company act. As a condition of registration, an AMC must maintain a $25,000 surety bond (or, as an alternative, submit a detailed statement of its financial condition).

The bond is a consumer-and-appraiser-protection guarantee: it stands behind the AMC's compliance with the act and the Board's rules, for the benefit of any person who sustains loss or damage. You are the principal, the surety carrier stands behind you, and the State and harmed parties are protected.

The bond must stay active for as long as you are registered — let it lapse and your AMC registration is at risk. We track it and notify you 60 and 30 days out to keep your $25,000 filing continuous. It is not insurance for you; if the surety pays, you repay the surety.

S.C. Code § 40-60-340 (Appraisal Management Company Act)South Carolina appraisal management companies register with the Real Estate Appraisers Board under Title 40, Chapter 60. The act requires a $25,000 surety bond (or a detailed financial statement in the alternative) for the benefit of any person sustaining loss or damage, guaranteeing the AMC's compliance with the act and the Board's rules. Confirm the current amount and conditions on your LLR AMC registration packet.

You need this bond if you're

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Registering a new AMC with the South Carolina Real Estate Appraisers Board
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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 registering to manage appraisals on South Carolina property
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Choosing the bond instead of filing a detailed financial statement 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 $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 term is set on the carrier’s application; the premium covers the period shown there.

Renewal falls on the statutory date, June 30, in the year your term ends.

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 arrives by email, ready to file with your AMC registration application or renewal at the Real Estate Appraisers Board. 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 South Carolina AMC bond?The premium is $250 flat — set by our carrier's rate book for this bond, the same for every AMC. 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 made against the bond — not a deposit, and nobody holds your money.
Can I file a financial statement instead?The appraisal management company act lets an AMC either maintain the $25,000 surety bond or submit a detailed statement of its financial condition. Most AMCs choose the bond because it is a fixed $250 rather than tying up capital or exposing financials.
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 your AMC is registered. This bond runs to June 30 whatever day you buy, and renews from that date; 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 South Carolina 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
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