Massachusetts Auctioneer License Bond
Get Your Massachusetts Auctioneer Bond
Our price is $59 for 1 year. INSTANT ISSUE - NO UNDERWRITING!
Term Options
Renew less often, save time and money by choosing a longer bond term!
Additional term options available below under Additional Information & Shipping.
General Information
Massachusetts Auctioneer Bonds are required by the Massachusetts Deputy Director Division of Standards. The required bond amount is $10,000.
No underwriting or credit check required! Just complete the information below, pay by credit card, and your bond will be issued in minutes!
Follow this link if you would like to visit the state of Massachusetts website for the
Auctioneer License Bond form.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Massachusetts Office of Consumer Affairs and Business Regulation
Bond Amount - $10,000
Bond Premium - $59 for 1 year, $89 for 2 years and $109 for 3 years
Purchase Now
Why is The Massachusetts Auctioneer Bond Required?
The primary purpose of the $10,000 Massachusetts Auctioneer Bond is consumer protection. It acts as a financial safeguard, ensuring that licensed auctioneers in Massachusetts adhere to all provisions of Massachusetts General Laws Chapter 100. This bond specifically protects the state and its consumers from financial losses that may result from an auctioneer's illegal, unethical, or negligent acts, including:If a consumer suffers financial harm due to an auctioneer's violation, they can file a claim against the bond to seek compensation. The auctioneer is then legally obligated to reimburse the surety company for any valid claims paid out.