What is a South Carolina Residential Home Builder Bond?
Getting your South Carolina Residential Home Builder license requires you to purchase the Residential Builder surety bond. The good news is the bond amount and price are not high.
This video is going to help you understand, at a high level, what a Residential Home Builder license is and why the Department of Labor, Licensing, and Regulation and the Residential Builders Commission requires you to purchase this surety bond.
Here are the timestamps so you can skip around:
- 00:18 - Video agenda
- 00:41 - What is a Residential Home Builder in South Carolina?
- 01:15 - Link to the full Residential Home Builder license article
- 01:21 - What is a Residential Home Builder surety bond
- 01:30 - What is a surety bond in general?
- 02:03 - What does a Residential Home Builder bond protect against?
- 02:27 - How much is a Residential Home Builder bond?
- 03:05 - Fixed pricing for a Residential Home Builder bond
- 03:22 - How to get customized pricing if you have great credit
- 03:29 - What happens after you purchase your bond?
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