North Carolina Mobile Home Setup & Modular Building Setup Bond
This bond is required for contractors and businesses in North Carolina who set up mobile homes or modular buildings. It's a $10,000 financial guarantee that protects customers and the state if the contractor fails to follow state laws, doesn't complete the work properly, or causes financial harm. Think of it as a safe…
Overview
What it is.
This bond is required for contractors and businesses in North Carolina who set up mobile homes or modular buildings. It's a $10,000 financial guarantee that protects customers and the state if the contractor fails to follow state laws, doesn't complete the work properly, or causes financial harm. Think of it as a safe…
Who usually needs it
Licensed set-up contractors who install or set up manufactured (mobile) homes or modular buildings in North Carolina for compensation. Manufactured home set-up contractors need a $10,000 bond as required by the North Carolina Manufactured Housing Board, while modular building set-up contractors need a $5,000 bond per modular home installed as required by lo…
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.
StateNCBond amount$10,000ObligeeState of North CarolinaBond classLicense BondCategoryConstructionBondNorth Carolina Mobile Home Setup & Modular Building Setup BondJurisdictionStatePlain descriptionThis bond is required for contractors and businesses in North Carolina who set up mobile homes or modular buildings. It's a $10,000 financial guarantee that protects customers and the state if the contractor fails to fo…Who needs this bondLicensed set-up contractors who install or set up manufactured (mobile) homes or modular buildings in North Carolina for compensation. Manufactured home set-up contractors need a $10,000 bond as required by the North Ca…
