Individuals operating as auctioneers and auction companies (or auction houses) in California who publicly sell real property to the highest bidder or any organization arranging such sales must obtain this $20,000 bond before conducting business. The bond is mandated by California Civil Code Section 1812.600 to ensure ethical conduct, compliance with state l…
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.
StateCABond amount$20,000ObligeeState of CaliforniaBond classLicense BondCategoryOtherBondSurety Bond Auctioneer/Auction CompanyPlain descriptionAuctioneers (Other Than Livestock)Who needs this bondIndividuals operating as auctioneers and auction companies (or auction houses) in California who publicly sell real property to the highest bidder or any organization arranging such sales must obtain this $20,000 bond b…
