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Michigan Mobile Home Dealer Bond

A Michigan Mobile Home Dealer Bond is a financial guarantee required for businesses that sell mobile homes in Michigan. If you want to operate as a mobile home dealer, the State of Michigan requires you to have this bond to protect consumers. It ensures that if you break state laws or harm customers through dishonest …

Bond amountVaries by license type or project
State or jurisdictionMichigan
ObligeeState of Michigan

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

A Michigan Mobile Home Dealer Bond is a financial guarantee required for businesses that sell mobile homes in Michigan. If you want to operate as a mobile home dealer, the State of Michigan requires you to have this bond to protect consumers. It ensures that if you break state laws or harm customers through dishonest …

Who usually needs it

Mobile home dealers and retailers engaged in the sale, resale, lease, or exchange of manufactured homes in Michigan must obtain this bond as a license requirement. This includes any person or business entity that buys manufactured homes for resale, exchange, lease, or rent, or offers mobile homes for sale, lease, rent, or exchange to customers.

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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