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The New York City Second Hand Dealers Bond is a type of surety bond required by the City of New York. This bond is needed for those who would like to get a secondhand dealer general license. These are for people (person or business) that buys or sells used good, other than automobiles in New York City.
The bond states that the bondholder will comply with the terms, covenants, and conditions of the license and shall obey and conform to the laws of the State of New York. The bond amount is set at $1,000.
Exemptions: Garage sales and not-for-profit organizations are not required to have a Secondhand Dealer General license.
Application Requirements
- Completed application form
- Sales Tax Identification Number or Certificate of Authority application Confirmation Number
- Fingerprints and $75 processing fee per person
- Granting Authority to Act Affirmation (if applicable)
- Payment for the license fee
- $1,000 Compliance Bond
How do I obtain a New York City Second Hand Dealers Bond?
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the New York City Second Hand Dealers Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
How to Get Your New York City Second Hand Dealers 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.