The Maryland Auctioneer License Surety Bond is required by Baltimore County in the amount of $5,000 for the year.
The bond ensures that the bondholder will truly perform and properly account, pay, and deliver any money or property entrusted to his care and possession while acting as an auctioneer during the term of his license.
According to the Baltimore County Code Article 21, Title 5, no person may engage in the business of an auctioneer in the county unless they have been licensed by the Department of Permits, Approvals, and Inspections. The surety bond is one of the requirements that must be submitted in order to obtain the license.
Although Surety1 does not issue licenses, according to the Comptroller of Maryland, to determine if you need a license or surety bond, you can contact your local Clerk of the Court or call the State License Bureau at 410-260-6240.
At Surety Solutions Insurance Services, Inc. (Surey1) it is easy to obtain this bond. Our process is simple. Just complete our easy to use, online application form and within one business day, one of our surety experts will contact you with a free, no obligation quote.
You can trust Surety1 with all your bonding needs. Not only have we been issuing surety bonds in all 50 states since 2003, but we have even been recognized for our efficient service by the Better Business Bureau, who gave us an A+ rating.