Illinois — Appraisal Management Company Bond
Illinois's AMC-1003 form provides $25,000 security for specified expenses, fines and fees owed to IDFPR. Prepare it for the appraisal management company's registration, not as a promise to pay every appraiser invoice or insure every valuation.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Illinois
- Category
- Real estate & property
What this bond does
Supply the company's Illinois AMC registration security for the Department's stated financial and compliance condition.
- Who needs it
- An AMC registration applicant or registrant preparing its company file, not an individual appraiser obtaining a professional credential.
- Who it protects
- The published form addresses sums due to or levied by IDFPR under the AMC Registration Act. It calls for surety payment when the principal fails to pay the Department within the specified 60-day period; it does not state a blanket private-customer refund benefit.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- Illinois IDFPR: AMC-1003 surety form (opens in a new tab)Checked October 26, 2026
Have these ready
- Use the registered company and principal-office identity.
- Have the current AMC-1003 request and $25,000 security direction.
- Confirm expiration and any signed renewal certificate.
- Follow IDFPR's issued-document submission instructions.
Questions about this bond
Does this form guarantee every appraiser's invoice?
AMC-1003 states its purpose as specified expenses, fines or fees owed to IDFPR. Do not substitute another State's unpaid-appraiser condition for this Department-payment obligation.
Can the instrument expire while registration continues?
The form has an expiration field and a signed renewal-certificate provision, while calling maintained security a continuing registration obligation. Coordinate the actual dates and renewal evidence.
Does checkout renew the company registration?
No. Purchase Now opens Propeller for security. IDFPR separately controls registration and renewal acceptance.