Arizona Surety Bonds

Many Arizona Surety Bonds can be purchased instantly below. Simply search the table, enter the information and print your bond instantly. You may also contact us anytime at 913-318-4955 if you have questions or need assistance.

Common Arizona Surety Bonds

Arizona Contractor License Bonds

Arizona Contractor License Bonds are needed to perform construction in the state.

Arizona Notary Bonds

Arizona requires commissioned notaries to post a notary bond.

Arizona Title Bonds

Title Bonds are required in Arizona when trying to license a vehicle and ownership cannot be confirmed.

Arizona Auto Dealer Bonds

Certain car dealers need bonds to protect the Arizona public from fraud.

Important Laws for Arizona Surety Bonds

Below is a list of some of the important laws pertaining to surety bonds in the state of Arizona.

Indemnity

Arizona is a community property state. However, Arizona law REQUIRES both spouses to sign an indemnity agreement in order to bind the community to the surety. A.R.S. § 25-214(C) reads:

“C. Either spouse separately may acquire, manage, control or dispose of community property or bind the community, except that joinder of both spouses is required in any of the following cases:

1. Any transaction for the acquisition, disposition or encumbrance of an interest in real property other than an unpatented mining claim or a lease of less than one year.

2. Any transaction of guaranty, indemnity or suretyship.

3. To bind the community, irrespective of any person's intent with respect to that binder, after service of a petition for dissolution of marriage, legal separation or annulment if the petition results in a decree of dissolution of marriage, legal separation or annulment.”

Homestead Exemptiion

Arizona allows a homestead exemption of $250,000 under A.R.S. § 33-1101.

Retainage

On Arizona public work, an owner may hold 10% of the approved billings as retainage. Once a project reaches 50% completion, the contractor may request that half the retainage be paid. Afterwards, 5% retainage applies for the remainder of the project.

Private work in Arizona set retainage at “a reasonable amount”. However, the owner cannot hold more than is reasonably needed to protect the owner from loss caused by the contractor. Once the project has reached substantial completion, the contractor can submit for release of retainage. The owner has 14 days to accept the release and then another 7 days to pay the retainage.

Contingent Payment Clauses

Pay-if-Paid clauses in Arizona are enforceable if worded properly. The parties must show the payment is unconditionally conditioned on Prime Contractor’s receipt of payment from the owner. If not worded properly, they are treated as Pay-When-Paid.

Pay-When-Paid clauses are enforceable in Arizona but are treated as a timing mechanism. Pay-When-Paid clauses in Arizona require the Prime Contractor to pay in a “reasonable amount of time”, even if the Prime has not been paid by the project owner.

Mechanic's Liens

The state of Arizona allows for mechanic’s liens against property under A.R.S. § 33-1004. The bond shall be one hundred fifty percent (1.50 times) of the lien amount.

Frequently Asked Questions

How to Obtain Surety Bonds in Arizona

Many Arizona Surety Bonds can be purchased online by searching the table above. Axcess Surety has one of the largest selections of Arizona Surety Bonds that do not require a credit check. Many Arizona License and Permit Bonds and notary bonds are instant issue.

Some larger Arizona Surety Bonds or contract surety bonds such as Performance Bonds and Payment Bonds, may require a credit check and/or financial statements.

What Are Arizona's Surety Bond Requirements?

Arizona has many surety bond requirements, depending on the license or obligation. You can search for the type of bond and click "learn more" to figure out what is required on most Arizona Surety Bonds. You may also contact the experts at Axcess Surety to learn more about bond requirements.

If it is a state requirement, they will usually send paperwork outlining the surety bond requirement and what is needed.

What Do Arizona Surety Bonds Cost?

The price of Arizona Surety Bonds depends on the type of bond and sometimes, the credit or financial strength of the applicant. Generally, Arizona Surety Bonds will cost between 1% - 3% of the obligation amount.

Arizona license and permit bonds usually cost about 1% per year for most applicants. Arizona notary bonds are even less. Arizona contract bonds may cost as little as 0.5% for strong applicants and as much as 3% or more for others.

Can You Obtain an Arizona Surety Bond w/ Bad Credit?

Many Arizona license and permit bonds do not even require a credit check and can be obtained by anyone. For bonds where credit is required, we have access to many surety bond companies and can usually find a solution for applicants in almost any situation.

Find many Arizona Surety Bond Forms Here.