Maryland, Baltimore County Auctioneer Surety Bond
Get Your Baltimore Auctioneer Bond for Just $100
Our price is $100. INSTANT ISSUE - NO UNDERWRITING!
General Information
Are you planning to conduct auction sales within Baltimore County, Maryland? To legally operate as an auctioneer in this county, you must first secure an Auctioneer License from the Baltimore County Department of Permits, Approvals, and Inspections. A fundamental part of this licensing process is obtaining a Baltimore County Auctioneer Surety Bond. This bond is a vital safeguard designed to protect the public and ensure ethical business practices.
The required bond amount is $5,000. These bonds must be issued in the individual's name. No underwriting or credit check required! Just complete the information below, pay by credit card, and your bond will be issued in minutes.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Baltimore County Department of Permits and Development
Bond Amount - $5,000
Bond Premium - $100
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Why is the Baltimore County Auctioneer Bond Required?
The primary purpose of the Baltimore County Auctioneer Bond is consumer protection. It ensures that licensed auctioneers in the county will adhere to all relevant local laws and regulations. Specifically, the $5,000 bond provides recourse for the public if an auctioneer:If a valid claim is made against the bond due to the auctioneer's misconduct, the surety company will pay out up to the bond amount to compensate the aggrieved party. The auctioneer is then responsible for reimbursing the surety company for any paid claims.