South Dakota — Appraisal Management Company Bond
South Dakota's October 2026 AMC application requests the original $25,000 registration security and power of attorney. Prepare the registering entity separately from its designated officer, who completes and signs specific application sections.
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- Recorded state
- South Dakota
- Category
- Real estate & property
What this bond does
Supply the AMC's South Dakota registration security as part of the company's initial or renewal file, not as an individual appraiser license.
- Who needs it
- An appraisal management company and its designated officer assembling the entity's registration documents.
- Who it protects
- The Department describes payment of appraisers and specified adjudged amounts involving negligent or improper appraisal/management work or breach of contract. The actual security condition governs; it is not blanket property-value insurance or automatic payment of every disputed invoice.
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
- South Dakota DLR: AMC initial/renewal application, 10/2026 (opens in a new tab)Checked October 26, 2026
- South Dakota DLR: AMC security information (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the entity, trade names and designated officer separately.
- Obtain the current initial/renewal application and security instructions.
- Prepare the original $25,000 instrument, dates and power of attorney.
- Include the organizational documents appropriate to the entity and follow the signed-file delivery directions.
Questions about this bond
Should the designated officer replace the AMC as principal?
The application identifies the entity separately and assigns the officer particular sections and signatures. Match the actual registering principal instead of substituting its contact person.
Can I use the old 2018 renewal dates?
Use the current application and actual coverage directions. The older informational page's dated calendar does not establish the required period for a new filing.
Does Purchase Now complete the State registration?
No. It opens Propeller for security. The Department separately reviews the signed company application, original security and supporting documents.