Any citizen of the state or non-resident who wishes to be authorized to sell real or personal property at public auction in any county in Montana. Required when: Prior to being authorized to conduct business as an auctioneer and selling property at public auction. Exemptions: In any county without an auctioneer, the s…
Overview
What it is.
Any citizen of the state or non-resident who wishes to be authorized to sell real or personal property at public auction in any county in Montana. Required when: Prior to being authorized to conduct business as an auctioneer and selling property at public auction. Exemptions: In any county without an auctioneer, the s…
Who usually needs it
Any citizen of the state or non-resident who wishes to be authorized to sell real or personal property at public auction in any county in Montana.
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.
StateMTBond amount$5,000Term lengthContinuousObligeeCounty Clerk and RecorderRenewalThe bond is typically maintained through the payment of an annual premium to the surety company and remains on file with the county clerk until cancelled.Bond classLicense BondCategoryGovernmentBondAuctioneer BondStatutory referenceMontana Code Annotated 30-11-510JurisdictionState
