Florida bond dealer 2025

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  1. Click ‘Get Form’ to open the Florida Bond Dealer document in the editor.
  2. Begin by entering the bond number in the designated field at the top of the form. This is crucial for identifying your bond.
  3. In the principal section, provide the full name of the business or individual applying for the bond. Ensure accuracy as this will be legally binding.
  4. Next, fill in the surety company’s name that will back your bond. This should be a company authorized to operate in Florida.
  5. Specify the penal sum of the bond, which is the amount you are guaranteeing. This should reflect your business's needs and compliance requirements.
  6. Complete the date fields indicating when this bond becomes effective and when it expires, ensuring they align with your licensing period.
  7. Finally, have both the surety agent and principal sign where indicated, and include their addresses and contact information for verification purposes.

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$25,000 surety bonds typically cost 0.510% of the bond amount, or $125$2,500. Highly qualified applicants with strong credit might pay just $125 to $250, while an individual with poor credit will receive a higher rate.
If the amount posted is greater than the fees, costs, and penalties due, the balance will be refunded to the depositor by mail, generally within ten days of the close of each case. For more information about your bond, you may contact our office at 850-595-4150 for felony and misdemeanor cases, or visit us at the M.C.
Here, the bail bondsman pays the full amount of the bail. In return, the arrestee pays the bail bondsman a percentage of the assigned bail. It is common for the bail bondsman to charge a fee of 10% of the total assigned bail. After the bail bondsman posts the bail, the arrestee is released from jail.
Requirements When Out on Bond in Florida stay within the jurisdiction of the court in which they were arrested (meaning they cant leave town); notify the bondsman of any residential moves; and. avoid any additional criminal offenses, aside from minor traffic violations.
The cost of a surety bond is calculated as a small percentage of the total bond coverage amount typically 0.510%. This means a $10,000 bond policy may cost between $50 and $1,000. For applicants with strong credit, most bond rates are 0.54% of the bond amount.

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Florida law requires individuals to file a $25,000 surety bond as part of the states motor vehicle dealer license application process.

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