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Washington bonds

Washington — Appraisal Management Company (Sole Proprietor) Bond

Washington's posted AMC form has a specific sole-proprietor checkbox and asks for the applicant/owner and business name. Match both to the license file; a corporate name is not a substitute for the actual sole proprietor.

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Recorded state
Washington
Bond type
Appraisal Management Company Bond
Category
Real estate & property

What this bond does

Supply the Washington AMC security for the sole-proprietor structure named in this offering, with the correct owner and business identity.

Who needs it
A sole proprietor assembling a Washington appraisal management company license file. A partnership or corporation should confirm the matching structure rather than treating these applicant types as interchangeable.
Who it protects
The DOL form addresses AMC-law compliance and amounts adjudged for covered violations, with a stated aggregate cap. It is not a general guarantee of property value or insurance protecting the owner from every business loss.

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 sole proprietor and business name

The posted form expressly distinguishes sole proprietor, partnership and corporation. Use the owner's legal identity and doing-business-as name consistent with the license file, together with the State of Washington recipient.

DOL's August 2025 revision states $100,000 and has effective and expiration fields. It also says a provider change requires a new bond form to be submitted. Confirm the actual dates and replacement instructions; this purchase option itself has no labeled amount or duration.

Purchase Now opens Propeller. Check the sole-proprietor identity and accepted instrument before applying, then follow DOL's filing directions. Checkout does not grant the AMC license or approve a change in the business's legal structure.

Sources

Have these ready

  1. Identify the sole proprietor's legal name and business/DBA.
  2. Use the matching DOL entity selection and State recipient.
  3. Confirm the required $100,000 security and actual dates.
  4. Coordinate a new form if the provider changes and follow DOL filing instructions.

Questions about this bond

Can I name my corporation on this sole-proprietor application?

Do not treat the structures as interchangeable. The actual DOL form provides separate entity selections; confirm the license holder and matching offering before applying.

Does a provider change only need a payment receipt?

The posted DOL form says provider changes require a new bond form to be submitted. Follow the actual replacement directions rather than assuming a receipt updates the license file.

Does $100,000 establish this option's term?

No. The posted form states the security sum and has date fields; the purchase option does not label an amount or fixed duration. Confirm the accepted instrument and actual dates with the provider and DOL request.

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