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Maryland Home Builder Surety Bond

Bond Requirements and Online Application

The Maryland Home Builder Surety bond is required by the Consumer Protection Division, Office of the Attorney General. The bond is for the benefit of consumers whose payments to a home builder are protected by the provisions of Real Property Article, Annotated Code of Maryland.

Maryland Home Builder Surety Bond

Who needs a Maryland Home Builder Surety bond?

The bond is required for any builder who sells or builds single-family homes that are not completed at the time the contract of sale is signed. And, if the purchaser is obligated money to the builder before the home is complete and the property is transfered to the purchaser.

The builder is required to secure the money in an escrow account or by obtaining the Home Builder Surety bond. The bond may be either in the form of an individual bond for each deposit or a blanket bond. If the total amount of money and deposits to the builder are in excess of $10,000 the blanket bond can be obtained. See charrt below for details:

Total Amount of Deposits Held              Bond Amount

  • $10,000 – $75,000                        Full amount of deposits held
  • $75,000 – $200,000                     $75,000
  • $200,000 – $500,000                  $200,000
  • Over $500,000                              $500,000

Where can I get the bond?

Surety1 can easily get you the bond that you need. You can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets. We have friendly agents who are willing to answer all your queries and give you only the best service..

First, start the process by completing our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.

Surety1 has been in the business since 2003. We are licensed in all 50 states. As a result, our services have earned an A+ rating from the Better Business Bureau. 

Maryland Home Builder Surety bond

How to Get Your Maryland Home Builder Surety Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Maryland Home Builder Surety Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

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