Virginia — Auctioneer Bond
Match Virginia's individual auctioneer security to the license period and the timing for your application route.
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- Recorded state
- Virginia
- Category
- Business operations & taxes
What this bond does
The Virginia Auctioneers Board's individual form binds the named auctioneer and surety to the Commonwealth for at least $10,000. Its instructions require security covering the license period and call for a two-year bond with month-end expiration.
- Who needs it
- An individual auctioneer arranging Board license security. The Board lists a separate auction-firm bond; a firm file and a person's auctioneer application are not interchangeable.
- Who it protects
- The form addresses compliance with auctioneer laws and regulations and damages from the specified misstatement, misrepresentation, fraud or deceit of the principal or agents/employees. The surety's stated liability is limited to the bond sum; this is not the auctioneer's business-loss policy.
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
- Virginia DPOR: individual auctioneer surety bond form (opens in a new tab)Checked October 26, 2026
- Virginia Auctioneers Board: current form listings and examination sequence (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify the individual applicant and application route.
- Check the Board's current submission stage for that route.
- Provide the actual license period and required month-end expiration.
- Use the individual auctioneer form, not the separate firm form.
- Arrange the principal acknowledgment and surety execution/authority.
Questions about this bond
Should an examination applicant submit the bond with the first exam application?
The posted form and current Board sequence say it is due after passing the auctioneer examination. Other routes have their own directions; reciprocity instructions call for it with that application.
Can I choose any two-year bond dates?
No. The posted instructions tie security to the license period and specify month-end expiration; the Board says expiration must coincide with the license's. Confirm the actual dates before issuance rather than assuming a term was selected here.
Is the individual form also my firm's bond?
The Board lists separate individual and firm forms. Use the actual license principal and requested instrument rather than assuming one filing automatically covers the other.