The Iowa Mobile/Manufactured Home Retailer’s Bond must be filed with the Department of Public Safety in the amount of $50,000. The bond ensures that the Home Retail Dealer will follow the laws of the state to help protect the consumer. This includes, but, is not limited to, furnishing a proper and valid document of title to the mobile/manufactured home involved in the transaction.
A Manufactured or Mobile Home Dealer is defined by the Iowa Chapter Code 103A, as a person who, for a commission, sells, exchanges, or offers to negotiate a sale or exchange of an interest in a home. If a person sells 1 or more mobile home or manufactures houses in a 12 month period, they must obtain a dealer license.
What are the licensing requirements?
The licensing is administrated by the Iowa Department of Public Safety, Building Code Commissioner.. The program is located in the Building Code Bureau of the Fire Marshall Division and administered by the
- File an application with the Commissioner.
- Pay the $100 license fee.
- File with the Commissioner a $50,00 surety bond, issued by a surety company licensed in the state.
Where can I get an Iowa Mobile/Manufactured Home Retailer’s Bond?
Surety Solutions Insurance Services, Inc (Surety1) can provide you with this surety bond. Start the process by completing our free, online application form. After that, you will be contacted by a licensed agent with a no-obligation quote for the bond premium. Next, when you are ready to proceed, submit payment on the bond premium and sign the paperwork. Lastly, your Iowa Mobile/Manufactured Home Retailer’s Bond will be sent to you via USPS Priority Mail. Overnight is available for an additional fee.
Surety1 was established in 2003. We are known not just for our excellent customer service, as evidenced by our A+ rating from the Better Business Bureau, but also for having one of the lowest rates in the market. We are licensed in all 50 states.