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Alabama Real Estate Inspector Bond


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Alabama Real Estate Inspector Bond. This product has multiple versions. Please select one using the Choose a Version box.

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Surety: Merchants Bonding Company

Application Required


STATE OF ALABAMA REAL ESTATE APPRAISERS BOARD
P.O. Box 304355, Montgomery, AL 36130 / 100 N. Union Street Suite 370, Montgomery, AL 36104
Phone: (334) 242-8747 / Fax: (334)242-8749 / Web: www.reab.state.al.us

APPRAISAL MANAGEMENT COMPANY
Registration Bond $25,000
§34-27A-55, Code of Alabama, 1975

Effective Date __________

Bond Number __________

STATE OF ALABAMA

WHEREAS, under the terms of §34-27A-55, Code of Alabama, 1975, every Appraisal Management Company described
therein must file with the Alabama Real Estate Appraisers Board a corporate bond, cash bond or securities to secure
compliance with §34-27A-50, et.seq., Code of Alabama, 1975.

WHEREAS, every Appraisal Management Company is required to comply with all terms of said Code and all rules and
regulations promulgated by the Alabama Real Estate Appraisers Board pursuant to the authority of said Code;

NOW, therefore, we, the undersigned,

_________________________________________________________________
Principal's Company Name as You Will Be Registered

_______________________________________________________
Principal Business Street Address

______________________________________________________
City State Zip Telephone

Merchants Bonding Company (Mutual)
As Principal and ___________________________________________________________

Des Moines
Iowa 50313-4908
500 New York Avenue
(877) 349-6588
_________________________________________________________________________
Surety Address City State Zip Telephone

As surety, are held firmly bound to the State of Alabama in the Sum of Twenty Five Thousand Dollars ($25,000) for
payment of which we bind ourselves, our heirs, assign, executors and administrators, jointly and severally,
conditioned that if the undersigned principal shall promptly pay any amount of money due as provided in the
§34-27A-50, Code of Alabama, 1975, this obligation shall be null and void, otherwise, it shall be in full force and
effect.

The surety reserves, however, the right to cancel the above bond on the giving of sixty (60) days written notice to
the Principal and to the Alabama Real Estate Appraisers Board.

Merchants Bonding Company (Mutual)
______________________________________ ____________________________________
Principal Surety

______________________________________ ____________________________________
Signature and Title Attorney-in-Fact Signature (Attach Power of Attorney)

Mail Original Bond/Cancellation NOTICE to:
Alabama Real Estate Appraisers Board
100 North Union St. Ste. 370, Montgomery, AL 36104
LP 2992 AL (10/11)


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