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Those engaged as appraisers in the State of Arkansas are required by the Arkansas Appraiser Licensing and Certification Board to execute a Arkansas Appraisal Management Company Bond in the amount of $20,000 to ensure compliance with A.C.A. Section 17-14-406 (b).
Bonds Express offers an Arkansas Appraisal Management Company Bond with a 100% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Arkansas Appraisal Management Company Bond holds you accountable for your business decisions.
By possessing an Arkansas Appraisal Management Company Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.