SURETY BOND UPDATE: Appraisal Management Companies in New Jersey Are Now Required to Submit a Surety Bond
Appraisal management companies in New Jersey will now need to comply with the new surety bond prerequisite to become registered. This requirement is part of the Appraisal Management Company Registration and Regulation Act or the New Jersey Assembly Bill 1973 that has been approved last May 11, 2017. The appraisal management companies who are applying …