What is a bond and why is it Needed? Required License and permit bonds are required by municipalities, states or other government entities and require individuals or businesses to comply with the license or permit for which they have applied. These bonds guarantee that the principal will comply with the terms of the specific bond and hold the obligee against loss in the event of a violation of regulation and ordinances under which the license or permit is required. We offer Bonds for the following businesses : Tax Preparer ,DMV Registration and DMV Dealer,Defective Title, Insurance Broker,Notary Public,Waste Tire Hauler, and many others. Call for a quote.