Details for the individual broker and filing stage

The Bureau separates eligibility, examination and issuance of the license. Its instructions place the individual broker's $10,000 bond among requirements for licensure that are not prerequisites to sitting the examination. Buying the bond does not satisfy the experience, residency, background or examination requirements.

A cemetery broker handles activities such as sales, purchases, listings, leases or negotiations involving cemetery property or interment services. A cemetery salesperson works under a licensed broker. For corporate or association/partnership applications, the Bureau instead identifies authorization records; confirm the actual applicant category before ordering an individual broker undertaking.

The selected form extends to the principal's salespeople and employees and requires honest application of sums received. Its condition includes Chapter 12 of Division 3 of the Business and Professions Code, the cemetery provisions of Division 8 of the Health and Safety Code, agency obligations and connected fraud. It is not an endowment-care fund or a preneed seller's trust deposit.

The surety's aggregate liability is $10,000. The form continues until Bureau release or surety termination under its notice provision, rather than resetting the limit with the annual license renewal. Surety cancellation requires delivery of 30 days' written notice to the Bureau and does not affect liability incurred or accrued before that period ends.

Match the licensee name, bond number, effective date and principal and surety execution before Bureau filing. The form also requires the principal and surety respectively to notify the Bureau immediately when the covered notice of an action against the principal, salespeople, employees or surety is served. Keep the complete undertaking available after issuance.