If you are required to file for California Real Estate Subsidies with a community association are required under the Code of Regulations Section 2792.10 to file a California Real Estate Subsidy Bond as a condition of licensure.
Bonds Express offers a California Real Estate Subsidy Bond with a 99% 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 California Real Estate Subsidy Bond holds you accountable for your business decisions.
By possessing a California Real Estate Subsidy Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.