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Displaying 5 results for: indemnity agreement
License & Permit Bonds 02.21.2022

Motor Vehicle Dealer Bond?

  When you are destined to sell cars, the road ahead requires surety bonds that meet the specifications of the Department of Motor Vehicles (DMV) in the state you’re operating in. Business experts say It…
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Motor Vehicle Dealer Bond?
License & Permit Bonds 09.08.2021

Your Own Biz? Mortgage Broker!

Homebuyers hear about mortgage brokers from their friends. That’s why great mortgage brokers have big client lists—and relationships with lenders to meet their needs. With competition for housing stiff, buyers need their mortgages fast. Can…
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Your Own Biz? Mortgage Broker!
License & Permit Bonds 03.17.2020

Why Do You Need a Mortgage Broker Bond?

Mortgage broker bonds are required to obtain a mortgage broker license in most states, with the Nationwide Mortgage Licensing System overseeing mortgage broker licensure. But why exactly do you need to purchase a mortgage broker bond?…
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Why Do You Need a Mortgage Broker Bond?
Court Bonds 02.17.2020

Who Do Guardianship Bonds Protect?

When a guardian is told by the court to purchase a guardianship surety bond, they must obtain the bond in order to serve as a guardian. The guardianship bond is providing protection for the ward….
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Who Do Guardianship Bonds Protect?
Surety Bonds 12.21.2018

Collateral Security: The Surety’s Power

The indemnity agreement is the foundation of the surety bond. It’s what separates surety from insurance: the agreement functions as a mechanism to have the principal repay the surety for any claims paid out to…
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Collateral Security: The Surety’s Power