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South Carolina bonds

South Carolina — Appraisal Management Company Bond

South Carolina's AMC application requests $25,000 security on a Board-approved form. Prepare the company's legal and South Carolina DBA names separately from its controlling person; the Board's current forms page links the specific AMC instrument.

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Recorded state
South Carolina
Category
Real estate & property

What this bond does

Supply the company's South Carolina AMC registration security using the Board's approved instrument and actual license-period directions.

Who needs it
An AMC registration applicant and its authorized filing contact, rather than an individual appraiser seeking a professional credential.
Who it protects
The published form concerns compliance with the AMC law and Board rules, with loss or damage subject to its final-determination and claim conditions. It is not an automatic reimbursement of every complaint 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.

Match the company and the form's license year

The application identifies the company's legal name, South Carolina DBA and controlling person separately. Use the registering company as principal and the recipient wording on the currently linked form rather than substituting its individual filing contact.

The form has license-term fields and continuation-certificate language, and defines its license year as July 1 through June 30 for the stated limit. Confirm the actual required period and renewal evidence; that defined year does not create a labeled twelve-month purchase option.

Purchase Now opens Propeller. Confirm the company, Board request and accepted instrument before applying, then file the issued security as directed. Checkout does not grant registration or decide whether a claim meets the required final-determination condition.

Sources

Have these ready

  1. Identify the company, South Carolina DBA and authorized filing contact.
  2. Use the Board-approved AMC form and $25,000 security direction.
  3. Confirm the required license-period dates and continuation evidence.
  4. Follow the Board's issued-document and registration instructions.

Questions about this bond

Should the controlling person replace the company?

The application records those identities separately. Match the actual registering principal instead of substituting the person managing its paperwork.

Does the form pay every complaint automatically?

No. The published condition requires the stated compliance, loss and final-determination elements. A complaint alone does not establish a payable claim.

Does its license-year definition set my purchase term?

No. The form's July 1 through June 30 license-year definition concerns its own limit and license context. Confirm actual dates and renewal evidence; this option has no labeled fixed duration.

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