What is a Surety Bond and how do obtain one?
Everyone that holds a broker license in Massachusetts must have a $5,000 surety bond. We provide the service to all of our students as well as anyone else that needs to obtain a surety bond for their broker license or for their company’s license. **New Brokers must obtain a surety bond before they take the broker exam. Promissor issues a Professional ID number to all broker candidates at the time they make their exam appointment. Once a Professional ID number is received a bond can be obtained here at the office within a matter of minutes for a fee of $50.00. Bonds are renewed every five years.
Related Questions
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