The Los Angeles Parking Lot License Bond is required by the City of Los Angeles, California.
Parking operators in Los Angeles are required to provide a bond in order to be issued. The bond amounts range from $50,000 for smaller lots to $500,000 for larger lots.
The Los Angeles Parking Lot License Bond does not guarantee payment of the Parking Occupancy Tax (POT), only damages to vehicles. This bond helps make sure that the lot operator complies with city law and helps make sure damage to vehicles is kept to a minimum. It was implemented to try to help the city of Los Angeles with the problem of fraudulent parking lots and tax evasion.
CLICK HERE to view a copy of the the License Bond for Los Angeles Parking Lots
How to Get Your Los Angeles Parking Lot License Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.