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Colorado bonds

Colorado — Appraisal Management Company Bond

Colorado's AMC licensing page requires $25,000 security bound to the State and a copy with the license application. Use its linked AMC sample and the actual company record rather than choosing a similarly titled document solely by a count of licensees.

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Recorded state
Colorado
Category
Real estate & property

What this bond does

Supply the company's Colorado AMC licensing security and the issued copy required with the application.

Who needs it
The AMC using the Division of Real Estate's company licensing process, with controlling-appraiser requirements handled separately.
Who it protects
The AMC sample describes covered misconduct damages based on a final court determination and an aggregate cap. It is not automatic reimbursement of every appraisal complaint or general property insurance.

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 AMC sample and keep its claim condition

The licensing page directs a business account and separate AMC application. Match that legal company, State recipient and actual request; the controlling appraiser is a separate application role, not automatically the company principal.

The actual AMC sample states $25,000 and covered fraud, forgery or impersonation/misrepresentation damages based on a final court determination. It limits total aggregate liability across years and license periods; renewal does not automatically multiply the security. The sample continues until the earlier specified license termination or cancellation event.

Purchase Now opens Propeller. Match the AMC and accepted instrument before applying, then follow the Division's requirement for an issued copy with the license application. The Division says it does not require a particular company; checkout is not license approval or a promise of a claim outcome.

Sources

Have these ready

  1. Identify the AMC business-account applicant and separate controlling appraiser.
  2. Use the accepted AMC instrument linked from the licensing page.
  3. Have the State recipient, required sum and effective dates.
  4. Follow the Division's issued-copy and remaining application directions.

Questions about this bond

Can I select a form solely by its licensee-count label?

The actual AMC licensing page links its own sample. Follow that condition and the company's actual request rather than choosing a search result solely by its headline.

Is an appraisal complaint automatically payable?

The sample describes its covered misconduct and final court determination. A complaint alone does not establish that condition or guarantee payment.

Does renewal create another full aggregate limit?

The sample expressly caps aggregate liability across years and license periods. Do not treat renewal as multiplying the stated security.

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