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LICENSE & PERMIT BONDS
What is a License & Permit Bond?
A License & Permit Bond is a sub-category of bond types. They fall under the commercial category of bonds and guarantee the principal will abide by the terms of the license they file the bond for. Some of the most popular License and Permit bonds are: Auto Dealer Bonds, Contractor License Bonds, Mortgage Lender Bond, Mortgage Broker bonds, etc.
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