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It is not possible for every farmer to take his or her product to market themselves. In some instances, they require an agriculture dealer to help them sell their product. The person who helps the farmer to sell their product in the local market is known as an agriculture dealer. Typically, an agriculture dealer buys the products from the farmers and resells those products in the market. Continue reading What is an Agriculture Dealer Bond and Why Do I Need it? read more

The rules and regulations to obtain a notary public license differ from one state to another. Typically, the term of a notary public commission is 4 years and most states send a renewal notice between 3 to 6 months before expiration. To renew your notary license, fill out the renewal form. You will find the renewal process simpler than applying for a new notary license. Usually, all the required paper work comes in the mail, but you can also download it if required from the website of secreta read more

The utility sector is one of the most booming industries in today's economy. The demand for utility providers will never diminish. To make sure that the market continues to flourish, the utility companies must ensure that they get complete payment for the service they have provided. Continue reading Utility Deposit Bonds read more

Surety bonds play an important role in today’s unstable and unsure economic climate. Today, people are more careful and want to compile all their requirements legally. The main aim of surety bonds is to provide guaranteed performance on the contract. There are different kinds of surety bonds for different purposes. The surety bond determines the roles and responsibilities of different people engaged in different projects. Continue reading Infographic : Surety Bond Roles and Responsibilities read more

A bond is a legal tool that binds three parties: • Principal – the person or the party seeking the bond • Obligee – person requesting the bond from the principal • Surety – a company that guarantees the bond Continue reading Commercial surety bond and their types read more

Mortgage brokers are similar to loan officers who work for home buyers and prospective businesses to arrange loans. The mortgage broker acts as an intermediary between the buyers and the mortgage lenders. Continue reading 5 Steps to Become a Mortgage Broker read more

Not all bond firms provide surety bonds to small contractors. To get a surety bond, you will have to apply through specialty agents, and it is crucial to pick the right agency. To find the most suitable online surety bond agency, here are some points to consider before applying: Continue reading How to choose the right bond agency read more

The infographic titled “Understanding Public Official Bonds”, presented by Suretegrity, describes all the related information about public official bonds. Public official bonds provide assurance that the officials will perform their duties according to the law. As some public offices involve handling of public fund, therefore government agencies require individuals to be bonded. Generally, three parties are involved in a public official bond, namely, the principal (the official who purcha read more

A court may require a fiduciary bond for a person or party that has fiduciary responsibility to another. A fiduciary bond is a legal instrument that protects the beneficiaries, heirs, and creditors in the event when a fiduciary fails to perform honestly and proficiently. A fiduciary can be a personal representative, financial adviser, trustee, executor, administrator, guardian, or anyone who is appointed by the court to exercise control over another person’s or business' assets or property. Co read more

Commercial surety bonds are usually required by the government, legislation, or other entities from individuals or businesses. Below are some of the types of commercial surety bonds: Continue reading Three Types of Commercial Surety Bonds read more