Arizona Mortgage Broker Bond
An Arizona mortgage broker bond is a surety bond you must file with the Arizona Department of Insurance and Financial Institutions (DIFI) to get and keep your mortgage broker license. The amount is $10,000 if your investors are limited solely to institutional investors, or $15,000 if your investors include any noninstitutional investors. It is required […]
Arizona Home Inspector Bond
An Arizona home inspector bond is one of the ways a certified home inspector can meet the financial assurance the Arizona State Board of Technical Registration requires before performing any fee-based home inspection. You can file a $25,000 surety bond, show at least $25,000 in net assets, or carry errors and omissions insurance of $200,000 […]
Arizona Certificate of Title Bond
An Arizona certificate of title bond (the “bonded title” surety bond) equals 1.5 times the value of your vehicle as determined by the Arizona Motor Vehicle Division (MVD), and it stays on file for 3 years. You file it with ADOT MVD under A.R.S. § 28-2057 when you cannot get a normal title because the […]
Arizona Private Postsecondary School Bond
A private postsecondary or vocational school in Arizona files this surety bond with the Arizona State Board for Private Postsecondary Education to get or keep its license. Under A.R.S. § 32-3023, the bond cannot be less than $15,000, and a non-accredited school applying for a new license is required to file it. The Board can […]
Arizona Transaction Privilege Tax Bond
An Arizona transaction privilege tax (TPT) bond is a surety bond filed with the Arizona Department of Revenue (ADOR) to guarantee that a taxpayer pays the transaction privilege tax they collect. “Transaction privilege tax” is Arizona’s legal name for what most people call sales tax. There is no blanket sales tax bond required of every […]
Arizona IFTA Bond
An Arizona IFTA bond is not charged to every motor carrier. The Arizona Department of Transportation (ADOT) Motor Vehicle Division requires it only when an International Fuel Tax Agreement (IFTA) applicant or licensee is judged a collection risk, and when it is required the amount is set by the ADOT director at up to $100,000 […]
Arizona Public Official Bond
An Arizona public official bond is the official bond a public officer must give, conditioned on the faithful performance of the duties of the office. The governing framework is A.R.S. Title 38, Chapter 2, Article 3 (“Official Bonds”), with the bond form and condition set out in A.R.S. § 38-256. There is no single bond […]
Tennessee Vehicle Title Bond
To resolve a missing vehicle title in Tennessee, you need a surety bond if your vehicle is under 30 years old and valued at more than $3,000. The bond protects the state and previous owners against fraudulent ownership claims. The bond value must be 1.5 times the vehicle’s appraised value. Premiums typically run 1% to […]
Tennessee Construction Bond / Highway Permit
Tennessee construction and highway permit bonds protect the public and ensure contractors comply with state infrastructure rules. The Tennessee Department of Transportation (TDOT) requires these bonds before any private entity alters, grades, or builds an entrance that intersects a state road right-of-way (ROW). The minimum penalty sum is $10,000, scaled up by TDOT’s engineering review. […]
Arizona Contractor License Bond
An Arizona contractor license bond is a surety bond you must file with the Arizona Registrar of Contractors (ROC) before it will issue or renew your contractor license. It guarantees you follow Arizona’s contracting laws and protects the people you work for from actual damages caused by a violation. It is required under A.R.S. § […]
