Fillable Printable Appraisal Management Company $100,000 Surety Bond
Fillable Printable Appraisal Management Company $100,000 Surety Bond
Appraisal Management Company $100,000 Surety Bond
(Surety seal)
Principal
Business name
By
Signature of owner or individual authorized to sign for partnership or corporation
Appraisal Management Company
$100,000 Surety Bond
This is an appraisal management company surety bond.
When completed, mail to:
Real Estate Appraisal Management Company Program
Department of Licensing
PO Box 9021
Olympia, WA 98507-9021
Know all persons by these presents: That
Applicant/Owner
Check one: Sole proprietor Partnership Corporation
doing business as
Business name
as Principal, at the following address and
a corporation organized and existing under the laws of the state of
and authorized to transact surety business in the state of Washington, as Surety, are held and firmly bound unto the state of Washington
in the sum of $100,000 Dollars lawful money of the United States of America to be paid to the said state of Washington, for which payment
well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally firmly by
these presents.
The condition of the above obligation is such that: Whereas, the said principal has made application for an Appraisal Management
Company License to the Business and Professions Division of the state of Washington for carrying on the business of an Appraisal
Management Company within the state of Washington; and is required by Chapter 18.310 RCW, to furnish a bond in the penal sum of
$100,000 Dollars with good and sufficient surety, conditioned as required by said law.
Now, therefore, if the said principal will comply with all the provisions of Chapter 18.310 RCW of the state of Washington and with all rules
and regulations adopted by the Director of the Department of Licensing, of said state pursuant to the provisions of Chapter 18.310 RCW,
and will pay all amounts that may be adjudged against Principal by reason of violation of Chapter 18.310 RCW or any rules or regulations
adopted pursuant thereto in the conduct of Principal’s business as an Appraisal Management Company, then the above obligation shall
be null and void; otherwise to remain in full force and effect.
Provided: That any person having a claim against Principal for damage as a result of any violation by Principal or its agent of Chapter
18.310 RCW, or any rules or regulations adopted pursuant thereto may bring a suit on this bond in the Superior Court in which Principal’s
business is conducted.
Provided further: That the aggregate liability of the Surety hereunder for any and all claims presented shall not exceed the penal sum of
this bond. Provided further: That Business and Professions Divisions shall be notified 30 days prior to the cancellation of this bond, along
with the reason for cancellation or termination pursuant to provisions of WAC 308-409-035.
In witness whereof, the said Principal and the said Surety have affixed their hands and seal this
day of , . Bond number
Effective date of bond Expiration date of bond
X
Surety
Name
Attorney-in-Fact
Insurance agency name
Insurance agent
Address
(Area code) Telephone
APR-622-190 (R/7/15)WA
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When completed, signature is required here.
