Georgia Appraisal Management Company License Bond

The “Real Estate Appraiser and Real Estate Appraisal Management Company Classification and Regulation Act” (Ga. Code Ann., § 43-39A-1), enacted in August 2013, requires all Appraisal Management Companies (AMC) to register for a license and to post an AMC License Surety Bond with the State of Georgia Real Estate Appraisers Board.  The surety bond shall be in an amount not less than $20,000 , shall be issued in favor of the State of GA and conditioned to pay damages in the amount of such bond to any appraiser(s) aggrieved by any act of the AMC named in the bond.

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