Requirement for Florida probate bonds info from AmeriPro Surety Bonds? Thus, while required of an Administrator, Guardian of a Minor, or some other category as a condition of being appointed over an estate— its benefit is for others; including any heirs, minors, and others. AmeriPro Surety Bonds is a surety bonds-only agency which provides probate surety bonds nationwide. We are also an aggregator of hundreds of other license and permit surety bonds in all 50 states. Or, you may fill out the form below and an agent will contact you…
Required by a municipality or other public body as a condition to granting a license or permit to engage in a specified activity, this bond guarantees that the party seeking the license or permit (the obligor) will comply with applicable laws or regulations. These bonds can also be structured to provide indemnity guarantees to third parties who sustain injury or damage as a result of the obligor’s activities as described in the license or permit when such a guarantee is required. For example, businesses that hang signs over public sidewalks may be required to provide indemnity guarantees for injuries to pedestrians.
The Occupational License Division requires a DMV register service individual or business to post a surety bond for $25,000 on its behalf. AmeriPro Surety Bonds will help you obtain your registration service bond very quickly. Once purchased, you will need to file the bond with the Occupational Licensing Department. This surety bond is purchased by the individual on behalf of the DMV and the consumer public. The bond protects the public from any acts of negligence or fraud on the part of the registration service business. It is not, therefore, insurance which protects the registration service business. For this latter, you may wish to look into purchasing an insurance liability policy.
For surety bonds greater than $100,000, in addition to the above items, your application is also reviewed by an underwriter. The underwriter review process includes a credit check inquiry. To be approved for the Florida surety bond amount greater than $100,000 (even if by just $1), through our agency, good credit is required. Upon approval of your surety bond, and payment of the premium, our agency issues your probate bond to you immediately. Your surety bond and a Power of Attorney form will be signed by us as Surety; upon receipt, you’ll sign your bond as Principal. You will then file all completed documents with the presiding court, usually the Clerk of the Court. See additional info on this link.
If your court-ordered requirement includes an amount greater than $250,000 surety bond, we will need the following: A copy of the Order appointing you as Administrator or Guardian, along with the surety bond amount required; A completed application. The application will need to be signed by you, and you will need a witness; Review of your application. This review includes a credit inquiry; good credit will be required in order to be able to be approved. We’ll also need the address where you are to send your bond; however, this may be found in the documents you present to us.
The cost of the Florida notary bond is a one-time premium of just $50.00. We refer to this surety bond as “instant issue”. This means that there is no credit check involved. You will be merely asked to fill out an application — which we can take right over the phone – pay the one time premium of $50, and the bond will be filed on your behalf by our agency. The state only accepts original notary bonds, not copies.
The Virginia contractor license bond is a $50,000 surety bond required of contractors as a condition of licensing. There is no credit check for this bond; you are therefore, automatically approved. If the bond is purchased for 1 year, the premium is $1500; if purchased for 2 years, the premium is $2700, a $300 savings. When you call our agency, we’ll take the application from you over the phone. The application just consists of the name, exactly as it should appear on your bond, along with your address and phone number. Read additional information on here.