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 The Bond is Known as a Yacht Broker Salesperson Bond, all yacht broker's in working in the state of Florida are required to have the bond. below are a few facts. -
The $10,000.00 yacht broker bond must be renewed every two years. -
Average cost of the bond is $89.00 every two years, renewed at the same time as you yacht broker salesperson license for the state of Florida, Yacht and Ship Broker's ACT -
There are a few things to know about applying for your yacht broker license, however the process is fairly short and you should be selling within the first two weeks. -
Cindy Mirisola and the folks at Sihle Insurance will walk you through the bond process. -
Also you can get the application here Bond Application
Yacht Broker Surety Bonds are surety bonds required by Municipalities, States and Federal Governments to ensure principal abides bye governing rules and regulations. Each has their own specific surety bond form. The principal is required to provide the surety bond form. The amount of the surety bond varies; be sure to indicate amount required on the surety bond application. |