New Mexico Title Service Company Bond
What is a New Mexico Title Service Company Bond?
A Title Agency Bond (also called a Title Insurance Bond, Title Service Bond, or Title Insurance Producer Bond) is required as a condition of licensure by title insurance agents. The surety bond ensures that the agent, lender or producer abides by the jurisdictional rules and regulations in the negotiation and sale of title insurance policies. The bond protects customers in the event that damage occurs from the title agent's non-compliance with license terms or professional duties.