MH dealer bond 25K in Florida - Posted by Darragh FL
Posted by Darragh FL on January 17, 2000 at 10:29:10:
The state of Florida lists a $25,000 bond as a requirement
for a Mobile Home Dealer’s license. The statute defines
a dealer as anyone who “offers for sale 1 or more mobile
homes in a year”. (That’s pretty much everybody who
sells one, though I doubt it is enforced for owners that
sold only one.)
Has anyone encountered this? It looks like a financial barrier.
I would think that you would only have to pay a small percent of the 25k to be bonded for 25k,like maybe a few hundred dollars.So maybe it is not as large of a barrier as one might think.
Maybe someone that has experienced this can enlighten us a little more.
I would look at this not as a “barrier” but as a stepping stone.Good luck!