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Alabama bonds

Alabama — Appraisal Management Company Bond

Alabama's Board-posted AMC form asks for the principal's company name as it will be registered and states $25,000 security. Prepare that exact identity, the actual effective date and attorney-in-fact authority rather than using only a contact person's name.

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Recorded state
Alabama
Category
Real estate & property

What this bond does

Supply the company's Alabama AMC registration security using the State instrument accepted by the Appraisers Board.

Who needs it
The company responsible for the AMC registration, with its authorized principal signer and surety execution prepared.
Who it protects
The form concerns compliance and amounts due under the stated Alabama AMC provisions. It does not guarantee a property's market value or provide general insurance for the company's own losses.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Use the company name as it will be registered

Match the principal's company name and business street address to the registration file, with the State of Alabama recipient. Keep the person signing and that person's title separate from the actual company principal.

The form asks for an effective date, principal signature/title and attorney-in-fact signature with attached power of attorney. It also provides sixty-day cancellation notice to the principal and Board. Confirm actual dates and current filing directions; those provisions do not label a fixed purchase duration.

Purchase Now opens Propeller for this surety offering. Match the company and accepted instrument before applying, retain the issued original and submit it as directed. Checkout does not grant registration or make a separate cash-security deposit.

Sources

Have these ready

  1. Use the exact company name as it will be registered and business street address.
  2. Have the accepted $25,000 State instrument and effective-date request.
  3. Coordinate principal title/signature and attorney-in-fact authority.
  4. Retain the original and follow current Board delivery instructions.

Questions about this bond

Can the filing contact replace the registering company?

The form specifically asks for the principal's company name as it will be registered. Record the signer's name and title in the execution roles instead.

Is the attorney-in-fact signature sufficient without authority?

The posted form expressly calls for attached power of attorney. Coordinate the actual completed authority and execution documents.

Does sixty-day cancellation notice define this purchase term?

No. Notice is a condition for cancellation, not a labeled duration choice. Confirm the actual effective dates and continuing-security instructions.

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