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Alabama Real Estate Inspector Bond

Product Number: Various
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 : (334) 242-8747 / : (334)242-8749 / Web: 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 Tele As Principal and ___________________________________________________________ Iowa Des Moines _________________________________________________________________________ Surety Address City State Zip Tele 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. ______________________________________ ____________________________________ 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

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