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Yacht broker bond. A surety bond protects the party requesting the bond the Obligee against any financial losses as a result of poor financial decisions damages unethical decisions or a failure to follow state and local laws on the part of you the Principal. Yacht brokers salespersons and dealers in several states are required to obtain a yacht broker license surety bond in order to get a license. There are two ways to get started.

T 44 20 7016 4480. Ship Broker Bonds and Yacht Broker Bonds are surety bonds that are required by many states municipalities and the federal government. Yacht Broker A Yacht Brokers Bond is for the Broker or Agent and can be for a one or two year period depending on the license.

2017 SeaHunter 35 Tournament. Maryland yacht brokers have to get a. What Does a Yacht Broker Bond Protect Against.

California A 15000 bond required by the Resources Agencys Department of Boating and Waterways. States mandate surety bonding to ensure compensation for the purchaser should the broker or salesperson make material misstatements or misuse funds in relation to the sale of a vessel. The bond amount dictates the price of the bond and it generally falls between 5000 and 200000 based on the sales volume and licensing requirements.

California Yacht Broker Bond Requirement Specifics. By possessing a Florida Yacht Broker Bond you are telling your. 2017 BY BOND YACHT SALES.

Yacht and Ship Broker Bond can generally be issued in the same day and. Get a Free Market Evaluation. M 44 7734 405944.