Massachusetts — Appraisal Management Company Bond
Massachusetts' published AMC form names the Commonwealth and Division of Occupational Licensure Commissioner and provides $20,000 security. Prepare the registering company and its authorized signer's title, not an individual appraiser's credential alone.
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- Recorded state
- Massachusetts
- Category
- Real estate & property
What this bond does
Secure the AMC's faithful performance under Massachusetts AMC law through the accepted registration instrument.
- Who needs it
- An AMC registration applicant or registrant and the agent authorized to sign for that principal.
- Who it protects
- The form benefits claimants aggrieved by an AMC act or omission violating Massachusetts AMC law. Recovery is limited to actual damages and the total aggregate sum; it does not insure the AMC against all of its own losses.
Your bond option
This is the option on record for this bond.
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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
- Massachusetts Appraisers Board: AMC surety form (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the AMC and principal-office address.
- Have the accepted $20,000 Commonwealth/Commissioner instrument.
- Identify the authorized principal's agent and title.
- Confirm effective dates and continuing-security submission instructions.
Questions about this bond
Is this insurance for the AMC's business losses?
The form benefits claimants with actual damage from the specified AMC-law violations. It is not written as general reimbursement of the company's own business losses.
Does each claim receive a fresh $20,000 limit?
The published instrument states a total aggregate limit and actual-damage condition. Do not assume a new full limit for every allegation.
Is a continuous form a labeled duration option?
No. Continuation describes the instrument's operation subject to termination. Confirm actual dates and accepted evidence; this option has no labeled fixed term.