Form APR-622-190 Appraisal Management Company $100,000 Surety Bond - Washington

What Is Form APR-622-190?

This is a legal form that was released by the Washington State Department of Licensing - a government authority operating within Washington. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form APR-622-190?A: Form APR-622-190 is a document related to Appraisal Management Company $100,000 Surety Bond in Washington.

Q: What is an Appraisal Management Company $100,000 Surety Bond?A: An Appraisal Management Company $100,000 Surety Bond is a type of bond required for appraisal management companies in Washington to ensure compliance with state regulations.

Q: Who needs to file Form APR-622-190?A: Appraisal management companies in Washington need to file Form APR-622-190 to obtain a $100,000 surety bond.

Q: What is the purpose of the surety bond?A: The purpose of the surety bond is to provide financial protection to consumers by guaranteeing that the appraisal management company will fulfill its obligations.

Q: How much is the surety bond amount?A: The surety bond amount required for appraisal management companies in Washington is $100,000.

Q: Are there any other requirements for appraisal management companies in Washington?A: Yes, apart from the surety bond, appraisal management companies in Washington may have to fulfill other licensing and regulatory requirements as well.

Q: What happens if an appraisal management company fails to maintain the surety bond?A: If an appraisal management company fails to maintain the surety bond, it may result in penalties, fines, and potential suspension or revocation of their license.