Mississippi — Appraisal Management Company Bond
Mississippi's posted AMC instrument states $20,000 security and a one-year period beginning on its effective date. Prepare the actual company and Board file, and confirm the issued period rather than assuming every State's AMC security is continuous.
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- Recorded state
- Mississippi
- Category
- Real estate & property
What this bond does
Supply the management company's Mississippi registration security with the State/Board recipient and execution required by the accepted instrument.
- Who needs it
- An AMC registration applicant or registrant assembling its company security, not each appraiser who performs work for it.
- Who it protects
- The form describes protection for covered damage or loss from the AMC's breach of contract, resulting obligations or legal violations. Its actual condition governs; it is not insurance against all appraisal errors or every loss suffered by the company itself.
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
- Mississippi Real Estate Appraisal Board: AMC surety instrument (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the registering AMC and exact State/Board recipient.
- Have the current accepted $20,000 instrument and effective-period directions.
- Coordinate execution, applicable power of attorney and renewal restoration instructions.
- Keep issued-document filing separate from registration approval.
Questions about this bond
Is the posted form continuous like every other AMC bond?
Do not assume all States use the same condition. This posted instrument states a one-year period beginning on its effective date. Confirm the actual accepted dates without inventing a labeled term for this option.
What happens if claims reduce the face amount?
The published form calls for restoration at annual renewal. Confirm the Board's actual directions rather than treating a reduced sum as automatically sufficient indefinitely.
Does security renew the registration?
No. Purchase Now opens Propeller for security. The Board separately controls the registration file, accepted instrument and qualifying claims.