South Carolina's newest bond requirement – Real Estate Appraisal Management Bond
South Carolina HB 3717
South Carolina has a pending bill that would require real estate appraisal management companies to be registered and to post a $25,000 surety bond. This cannot exceed the $25,000 amount and the bond would have to be from a corporate surety licensed to do business in that state. This bill would create the Real Estate Appraiser’s Board and this board will determine the bond amount through their rules. Having this bon instated would secure the payment of any penalties and any damages caused as a result of the company’s violation of the applicable law or rules.
The following two tabs change content below.
Vic
Latest posts by Vic (see all)
- Credit Plan Lenders Bond for Virginia - March 16, 2012
- Public Official Bond for Snohomish Polytechnical College (WA) - March 15, 2012
- $25,000 West Virginia Reclamation Bond - March 14, 2012
Pingback: mbt shoes tariki()
Pingback: cheapest mbt shoes()