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Nevada Document Preparation Service Bond

Nevada Document Preparation Service Bond

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Who Requires the Document Preparation Service Bond and Why Is It Needed?

A Document Preparation Service Bond is a type of surety bond required in Nevada for registered Document Preparation Services and other legal document preparers. The surety bond is for those that have been registered or have applied to be registered by the Secretary of State of the State of Nevada as a Document Preparation Service pursuant to NRS Chapter 240A. The condition of the surety bond is that the registered Document Preparation Service perform and execute all specified duties in a faithful manner and ethical manner in compliance with all laws, rules and regulations established by the state. The bond serves the purpose of indemnifying those who suffer financial damages resulting from the bonded principal's non-compliance or violations of these terms.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Nevada Document Preparation Service Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The Document Preparation Service surety bond provides an indemnification or limited guarantee to a customer or any other person who files a valid action or proceeding related to financial damages caused by the bonded principal or related parties resulting from; acts or omission of the registrant, which violates a provision of law or a regulation, wrongful failure or refusal by the registrant to provide services in accordance with a contract, fraud, dishonesty, negligence or other wrongful conduct, acts or omissions of the registrant in violation of any federal or state law for which the return of fees, an award of damages or the imposition of sanctions have been awarded by a court, or payment to the Secretary of State for any civil penalty or award of attorney’s fees or costs of suit pursuant to the laws of the state.

What is Needed to Obtain My License?

NRS Chapter 240A governs the registration and professional conduct of those who provide document preparation services in Nevada. A document preparation service is defined in Nevada as a person who, for compensation and under the direction of a client, provides assistance in certain legal matters and is required to be registered with the Nevada Secretary of State. The state law affords consumers protections and remedies for conduct violations by a document preparation service. One of these protections is the required surety bond. Learn more about Document Service Preparer licensing requirements from the Nevada Secretary of State




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