Appraisal management companies (AMCs) operating in South Dakota must obtain this $25,000 surety bond. AMCs are entities or persons that coordinate and oversee real estate appraisal services. The bond is required for both new applicants seeking AMC registration and existing companies renewing their registration annually.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateSDBond amount$25,000ObligeeSouth Dakota Appraisal Mngmt Co.Bond classLicense BondCategoryOtherBondAppraisal Management CompanyPlain descriptionReal Estate InspectorWho needs this bondAppraisal management companies (AMCs) operating in South Dakota must obtain this $25,000 surety bond. AMCs are entities or persons that coordinate and oversee real estate appraisal services. The bond is required for bot…
