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New Jersey bonds

New Jersey — Appraisal Management Company Bond

New Jersey's AMC application asks for $25,000 security and a certification completed by the compliance officer. Prepare the management company's registration identity separately from that officer and its designated controlling-person contact.

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Recorded state
New Jersey
Category
Real estate & property

What this bond does

Supply the AMC's New Jersey registration security, conditioned on faithful performance of the governing Act.

Who needs it
A company or individual applying in the AMC role under the Board's registration criteria, not automatically every person who performs an appraisal.
Who it protects
The published registration rule conditions the security on performance of the Act. The accepted instrument determines covered obligations and claims; this is not property insurance or a guarantee of investment value.

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.

Prepare the company and compliance-officer file

Use the actual registering entity or individual and any fictitious business names. The application requires compliance-officer certification and separately addresses controlling persons; those contacts do not automatically replace the AMC as principal.

The published rule describes a 24-month period consistent with biennial registration. Confirm the Board's current required dates and instrument rather than treating that rule as a labeled duration in this purchase option.

Purchase Now opens Propeller. Match the AMC and accepted form before applying, then follow the Board's issued-document instructions. Purchase does not complete the application, its notarized certification or the registration decision.

Sources

Have these ready

  1. Identify the actual AMC principal and business names.
  2. Prepare the compliance-officer certification and designated contact separately.
  3. Obtain the current accepted $25,000 instrument and required dates.
  4. Keep registration submission and issued-document delivery separate from checkout.

Questions about this bond

Should the compliance officer be the principal?

Not merely because the officer certifies the application. Match the actual registering AMC entity or individual and record its designated contacts separately.

Does the registration rule create a two-year purchase choice?

It describes a 24-month registration-consistent period. Confirm actual dates with the Board and provider; the displayed option has no labeled duration.

Does every individual appraiser need this company offering?

The application describes AMC activity and registration criteria. Identify the actual management-company role rather than treating an individual professional credential as the same filing.

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