Tennessee Transient Vendor Bonds
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What Is a Tennessee Transient Vendor Bond?
Tennessee vendor, peddler or solicitor bonds protect consumers and the state from unlawful business practices. Under this surety bond, transient businesses guarantee local governments that they will meet their financial and legal obligations.
How Much Do Transient Vendor Bonds Cost in Tennessee?
Tennessee vendor, peddler or solicitor bonds are available for instant purchase for just $100 per year. You can also save 25% each subsequent year by selecting a multi-year term on select bonds. Select the bond you need below to buy online in minutes.
How Do I Get a Vendor, Peddler or Solicitor Bond in Tennessee?
SuretyBonds.com offers the fastest and easiest way to get your Tennessee vendor, peddler or solicitor bond online. Just follow these three steps:
- Purchase your bond instantly online
- Receive your bond via email or mail (based on obligee requirements)
- File the bond with your local licensing authority
If you have any questions, call 1 (800) 308-4358 to speak with a surety expert.
How Does a Tennessee Transient Vendor Bond Work?
In Tennessee, a vendor, peddler or solicitor bond binds three parties in a legal contract:
- Principal: The individual or business purchasing the bond
- Obligee: The Tennessee government office requiring the bond
- Surety: The company issuing the bond
If a transient vendor creates damages or financial loss, harmed parties can file a claim for compensation. The surety will pay out valid claims, then the transient vendor must refund the surety.
Who Needs a Tennessee Itinerant Vendor Bond?
Solicitors and transient businesses must be bonded to hold an operating license in the following Tennessee locations:
- City of Portland
- Town of Greeneville
- City of Springhill
Visit your local licensing office for more information on bond requirements and license applications.
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Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
