The Nevada Document Preparation Bond is required by the Nevada Secretary of State. In compliance with Nevada’s Revised Statutes Chapter 240A.120, the surety bond protects any client who has suffered damage as a result of fraud, dishonesty, negligence, or wrongdoing by the document preparation registrant. In addition, the bond protects clients from the wrongful failure or refusal by the registrant to provide services in accordance with their contract. Under this bond, the Secretary of State is also protected.
Individuals and business entities may not conduct business as a document preparation service in Nevada until they have been issued a Certificate of Registration. The Document Preparation bond is one of the registration requirements.
The bond amount will vary depending upon certain factors. If the bond is to be issued to an individual, the required bond amount is $25,000. If this individual is a sole proprietorship, each hired employee must have their own individual bond.
For a business entity, the employees are covered by the bond and not required to file an individual bond. The bond amount will be determined by the number of individuals employed that perform document preparation services. Use the following guide to determine your bond amount:
The Nevada Document Preparation Bond is continuous until cancelled. However, the Office of the Secretary of State must receive proof of annual bond renewal. Proof can be in the form of a continuation certificate or a paid invoice showing a zero balance due.
At Surety1, we make things easy for you. First, start the process by completing Surety1’s easy to navigate, free online application form. Next, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, we will collect the premium payment and have you 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 and our services have earned an A+ rating from the Better Business Bureau.