Yacht Broker
In order to receive a license in certain states, Yacht Brokers and Salespersons are required to have surety bonds that handle compensation to the purchaser for any damages or material misstatements.
Bond Premiums and Bond Amounts:
Premium amount is listed on the Rates page.
Minimum of $100.
If bond is for use in Florida there will be a 1.3% tax of the PREMIUM.
Bond amount will be set by the state agency.
List of states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
FAQ:
Do you need a Yacht Broker Bond to be licensed?
In many states, Yacht Brokers and Salespersons are required to have a Yacht Broker Bond before an agency approves his or her license. 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.
Why doesn’t every state require Yacht Brokers to be bonded?
Not every state mandates Yacht Broker Bonds in order to receive a license. This doesn’t make surety bonds less important however. For example, Florida and California have different state regulations than New Jersey and Washington. While some states require a Yacht Broker Bond others leave it up to the agency or individual. To learn more about your state’s requirements contact Jurisco.
Click on the appropriate surety bond application to download the defendant’s bonds form.
Review our surety rates from the rates section, fill out the PDF application form, and submit through your email client.
Jurisco will contact you to confirm receipt of the application then begin work immediately.
Jurisco offers competitive rates for Yacht Broker Bonds nationwide, fast service and a broad base of knowledge to help clients throughout the United States. We specialize in:
- Providing the best knowledge and service for surety bonds
- Lowest rates on all surety bonds
- Assisting clients to understand their bond rights and responsibilities
- Fast and accurate service
- Delivering solutions to bad credit applicants
Our application process is as simple as 1, 2, 3. Simply click on the Yacht Broker bond application, fill it out, email it to us with the required court documents and it’s done. Through our years of hands on experience, Jurisco understands that efficiency is imperative in the court system. We want you to have what you need, when you need it. Let’s start the process now.
