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West Virginia bonds

West Virginia — Appraisal Management Company Bond

West Virginia's Board-posted AMC instrument states $50,000 and an ending date of June 30. Prepare the actual company structure and dates, including the matching principal acknowledgment, instead of assuming the document runs a full year from purchase.

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Recorded state
West Virginia
Category
Real estate & property

What this bond does

Supply the company's West Virginia AMC licensing security in the State instrument accepted by the Board.

Who needs it
The AMC principal, with its actual legal structure, authorized signer and required acknowledgments prepared.
Who it protects
The form concerns violations of the West Virginia AMC law and rules and amounts adjudged under that condition, with an aggregate cap. It does not guarantee every business loss or property's 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 June 30 and the principal acknowledgment

Use the AMC name and actual sole-proprietor, partnership/LLC or corporation selection. The form separates the person signing from the company principal and provides different principal acknowledgments plus a surety acknowledgment.

The form states $50,000 and a June 30 ending field. Confirm the actual beginning and ending year and current accepted execution, seal and approval directions. The printed Attorney General approval block is not proof that an unexecuted or newly issued document has been accepted.

Purchase Now opens Propeller. Match the company and State request before applying, then follow the Board's document instructions. The form's calendar ending does not create a labeled one-year duration in this option, and payment does not grant registration.

Sources

Have these ready

  1. Identify the company and actual legal structure.
  2. Have the accepted State instrument and actual start/end dates.
  3. Coordinate the appropriate principal and surety acknowledgments and execution.
  4. Follow the Board's issued-document and approval instructions.

Questions about this bond

Is the term automatically a full year after purchase?

The posted form has a June 30 ending field. Confirm the actual effective date and ending year rather than assuming a full year or a labeled catalog term.

Which principal acknowledgment should be completed?

Match the actual legal structure. The form distinguishes a sole proprietor from partnership, LLC or corporation and separately includes surety acknowledgment.

Does the printed approval block prove acceptance?

No. It is a completion/approval portion of the form, not evidence that a blank or newly issued instrument has been accepted. Follow the current Board directions.

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