Does A California Seller of Travel License Require A Bond?

July 28, 2016 by · Leave a Comment 

In order to receive a California seller of travel license, the state of California requires individuals to secure a surety bond. A California seller of travel bond protects the consumer against fraud. Working with a reputable surety bond company such as Jurisco makes the seller of travel bond process quick and simple.

What is a California Seller of Travel Bond?

Picture of a cove in CaliforniaA California seller of travel bond is intended to guarantee compliance with federal aviation restrictions and state statutes. This type of bond can sometimes be referred to as an Airline Reporting Commission Bond.

Surety bonds provide an avenue of recourse should a company or individual be found in noncompliance. In the event that a California seller of travel does not meet standards, the surety bond holds the financial responsibility.

Meeting Licensing Requirements

Without a seller of travel bond, an individual or company could face fines and legal action. This article covers California seller of travel licensing requirements.  A surety bond is the best way for a company or person to satisfy the state’s desire to protect consumers.

Operating without a California seller of travel bond can lead to a revocation of a business license. This can be costly, as a company is unable to work with clients. Taking care of the surety bond requirement at the beginning helps avoid these types of hassles.

How long does the surety bond process take?

Securing a surety bond will be a hassle-free experience when you work with a respected surety bond like Jurisco. Jurisco’s team of surety bond experts work with California sellers of travel to deliver same-day service whenever possible.

Online surety bond applications means the process can get started right now. A bond expert reviews the application so they can find the best rate possible. The cost of a surety bond can still be low even with bad credit. Jurisco works with a range of clients and will be able to provide low rates.

Contact Jurisco to discuss California seller of travel bonds. A bond professional is ready to answer any questions about types of surety bonds, the bonding process, and ways to lower surety bond cost.

Understanding California Mechanics Lien Law

February 8, 2016 by · Leave a Comment 

The California mechanics lien law lays out the circumstances and requirements for a lien. Knowing when to use a lien, or how to remove a lien, can appear confusing with strict time limits and amount constraints. Understanding the California mechanics lien law is the best way to deal with the lien process.

Using A Lien

The California mechanics lien law must be followed.

The California mechanics lien law must be followed.

Liens are typically used when one party owes another party money. A mechanics lien is placed on property, a business, or other physical properties to secure the money owed.

For example, a contractor who remodels a house and is not paid for their work can place a lien on the home. A lien can also be placed on the same home if the employees of the contractor do not receive payment. The lien prevents the property from being sold or even remortgaged.

California mechanics lien law allows liens to be placed on property as a way to clear up the disputed funds. The state also provides California lien release forms to help explain the process further.

California Mechanics Lien Law Time Limits

Part of understanding the California mechanics lien law is knowing the time limits.  A lien may be invalid if it is filed outside of the required time window.

California has strict deadlines for recording a mechanics lien. The time starts from when the work was completed. Completed being a key term. If work is still ongoing then the lien is void. Now if the contractor has been removed from the job, and/or can no longer complete the work, then their portion is considered completed, even though the job continues.

These slight subtleties catch a lot of people up.

Without filing a lien in the proper time frame, the lien will be of little use. In general, it is expected that a lien be properly filed within the 30-day “completed”  timeframe. Working with a California surety bond expert will help clear up any problems with deadlines.

The state also mandates how quickly a release of lien must be filed.

Release Of Lien Surety Bond

Dealing with a mechanics lien can be a headache.  The best way to handle a lien is to quickly replace it with a surety bond. With the lien being secured by a bond, the issue over money owed can be cleared up without threat to property.

A release of lien bond removes the lien from the property and replaces it with a surety bond. The amount of the release of lien bond is based on the amount of the lien along with additional court costs.

Courts only accept a release of lien bond if the California mechanics lien law is followed. Working with Jurisco, a reputable surety bond company, means clients always receive a bond that meets state statutes. Take care of a mechanics lien easily with Jurisco.

Lien Release California Mandates

February 5, 2016 by · Leave a Comment 

A lien release California surety bond helps remove a lien on property. A property lien can cause trouble so it is best to remove the lien as soon as possible. Using a surety bond is a quick way to handle liens.

How A Transfer Of Lien Bond Works

Remove a property lien with a lien release California surety bond.

Remove a property lien with a lien release California surety bond.

A lien release California bond is a type of defendant bond. This court surety bond covers the full amount of the lien on the property. This bond is also referred to as a transfer of lien bond.

Property liens can tie up the sale of property, construction projects, and even lead to a foreclosure action.

A lien release California surety bond replaces the lien on the property with the promissory note of the bond. By replacing the lien with the bond the property under lien can now be handled as normal regarding a sale, transfer, etc.

Fulfilling Lien Release California Requirements

Working with a California surety bond expert makes the release of lien process simple. The knowledge of state operations helps clients navigate the surety bond waters.

By creating a simple lien release California process, a transfer of lien bond is often secured the same day the application is received. Jurisco offers this fast service so clients have the surety bonds they need when they need them.

California makes a strong effort to help both individuals and companies avoid liens. One resource is the California unconditional waiver release form. The Jurisco surety bond expert makes sure clients understand all their resources.

Free Up Property With A Release Of Lien Bond

Worried about a property lien? Take care of things with Jurisco’s help. Start the surety bond application online or contact a member of the Jurisco team now.

It only takes a few minutes and then the lien release California application is almost complete. Don’t let a property lien cause trouble. Handle the situation the best way possible with a transfer of lien bond.

Lowering Appeal Bond California Rates

February 4, 2016 by · Leave a Comment 

The benefits of using an appeal bond in California are clearly there. Finding the best appeal bond California rates might not be as transparent.

Working with a credible surety bond company is important no matter what type of bond is needed. The insight of surety bond experts helps deliver solid appeal bonds with low rates. It all comes down to knowing the appeal bond California requirements and how to best deliver a low cost.

An appeal bond is better for California defendants so they can halt judgment payments.

An appeal bond is better for California defendants so they can halt judgment payments.

Jurisco understands the complexities of appeal cases. Bond experts are well trained in working with the appeal bond California mandates to deliver full coverage with a low rate. Being a nationwide surety bond company, Jurisco is able to provide low surety bond rates to individual states.

Purpose of Appeal Bonds in California

Using an appeal bond is the best way to halt collection of a judgment until after the appeal is complete. The appeal bond California statute requires the surety to protect the plaintiff against any wrongful delay of payment. Usually, an appeal bond is secured the same day Jurisco receives the bond application.

This surety bond can be secured by the defendant by their own volition or it may be mandated by a California court.

California courts are accustomed to dealing with appeal cases. In an effort to deter faulty appeals or unnecessary delays, the courts keep things moving smoothly with surety bonds. Whether the defendant is in San Francisco, San Jose, Los Angeles, or San Diego the courts readily accept, and require an appeal bond.

Only an appeal bond ensures the payment of judgment should the appeal be denied.

Appeal Bonds in Bankruptcy Cases

Bankruptcy cases often include the necessity of an appeal bond. California courts are no exception.

The Los Angeles Times reported about American Apparel’s bankruptcy case worth more than $200 million in bonds. The court is requiring the clothing company to post an appeal bond as part of its reorganization effort.

Again the defendants are being held to task by the appeal bond California requirements. However, they are also benefiting from having more time to handle payment.

The appeal bond California statute is seen as a sort of win-win situation since it protects the plaintiff while giving the defendant a chance to appeal.

Need An Appeal Bond Now?

Contact Jurisco to ask any questions about the appeal bond California process and how they can lower the surety bond rate. The appeal bond application may be filled out online right now to get started.

California Seller Of Travel Bond Requirements

December 16, 2015 by · Leave a Comment 

A California Seller of Travel bond is required for any individual or business working as a travel agent. Fulfilling this surety bond requirement must be done to show compliance with California licensing statute.

Being A Travel Agent In California

A California seller of travel bond must be obtained before any person offers travel agent services to anyone in the state.

A California seller of travel bond must be obtained before any person offers travel agent services to anyone in the state.

When researching a California seller of travel surety bond you may run across the term Airline Reporting Commission bond. Both names apply to the same bond and meet California mandates for a travel agent operating or offering services in the state.

California seller of travel law is strict. The state has taken legislative measures to make sure a company or individual is held accountable for the way they conduct business.

A company or individual travel agent may not be located in the state but if they offer services to people who do reside in the state then they become subject to California registry requirements.

Travel agents also are required to register with the state’s Attorney General’s Office and to make their registration number clear on advertised services.

Seller Of Travel Bond Protection

The California seller of travel bond protects the consumer from misused funds or fraud on the part of the travel agent who sold them airline tickets and arranged the trip.

The bond covers the financial amount of money entrusted to the travel agent by a California consumer.

Other states require that travel agents hold money given to them by clients in a trust account. A California seller of travel surety bond will financially protect the consumer up to the amount they originally paid.

Prove Trustworthy

Having a seller of travel bond or airline reporting commission bond shows the court good faith that the travel agent will not knowingly misuse funds.

As a travel agent it is important to be trusted. People want to know they can be on their flight on time, at their destination, and to wherever else they need to go next without any hangups.

Jurisco can help you meet your California seller of travel bond requirement. Contact any of the highly trained staff to hear answers to any of your surety bond questions.

Distress Bond In California

October 27, 2015 by · Leave a Comment 

distress bond californiaCommercial property can be a good investment, but it is not without its problems. One of the biggest challenges facing commercial property owners who are landlords is the inevitable eviction of a tenant.

There can be several reasons for the eviction ranging from changes in the market to people not paying for months on end. When a landlord has to evict the renters of commercial property they make sure to use a distress bond to prove that the eviction is being done with just cause and protection.

Distress Bond Protection

Employing a surety bond such as a distress or distraint bond is an error proof way to handle the eviction process of a commercial tenant. The distress bond in California covers the landlord financially to show the courts that the move was not done without first protecting the tenant against a wrongful eviction. The bond will cover the landlord should the court rule in the tenant’s favor.

Being a landlord is tough no matter which region of California the property is located in. Whether having to deal with the constant demand in Silicon Valley to having to adapt to new property laws in San Francisco it is always best to cover all the bases. Using a distress bond not only protects the tenant but also the landlord from further financial hardship.

It seems almost every eviction makes the news because of the economic trend that has more business going out instead of opening. Landlords who use a distress bond are creating an easier road to travel.

A Bond Process Made Quick And Easy

Jurisco can help any landlord with a distress bond without delays to help make the eviction process as seamless as possible. Any landlord who is dealing with a delicate situation knows that setting the dominios up neatly will help everything fall into place. Contact Jurisco today about why it may be necessary to have a distress bond in California when dealing with commercial property.  

The Rite Aid Case Seeks An Appeal Bond

September 24, 2015 by · Leave a Comment 

california appeal bondHave you heard the latest in the Rite Aid case going on in California? Rite Aid is in need of an appeal bond as a Los Angeles County Superior Court denied the company’s post-trial motions to strike down the $8.7 million jury verdict awarded to a former employee.

While Rite Aid attempts to circle the wagons the court is granting them time to post an appeal bond as they seek to appeal the ruling to a higher court.

The appeal bond helps stay the judgement so the pharmaceutical company does not have to pay out millions of dollars until after their appeal has been heard and ruled on.

When An Employee Sues

Trouble for Rite Aid started back in 2007 when a store manager was injured during an in-store robbery. Severe neck injuries restricted the manager’s movements and abilities.

The employee said Rite Aid higher ups did not handle his injury well, or with respect, and even made disparaging remarks leading to him losing his position.

Back in July a jury found that the employee suffered not only a lost in wages, but $5 million in punitive damages, as well.

Rite Aid has tried to shirk responsibility claiming that the store the manager worked at was actually acquired by Rite Aid but not ran by the company. The Judge did not buy the argument saying since the Rite Aid logo appeared at the store, the manager’s work computer, and other work effects that the business is responsible.

Having an employee sue a company can cause serious issues for a business as this case shows.

Staying A Judgement During Appeal

Since the request to slay the ruling was thrown out the only option left for Rite Aid is to post an appeal bond. Without this surety bond the company would be in contempt of court for not paying the judgement immediately.

Courts in California accept an appeal bond to stay a ruling because it financially protects the plaintiff in the case.

A surety bond covers the judgement amount so the court is shown that the ruling will be followed through despite the defendant’s wish to make an appeal to another court.

Money Judgements Can Be A Blow To The Bottom Line

Rite Aid is not the first business to find out how expensive court action can be. When an employee, customer, or other service provider takes a business to court it can be very costly to their bottom line.

Of course, one of the best ways to protect against court cost is to run a business that cares for employees and customers alike. However, not everything can be planned for. And certainly the actions of a few employees against another employee doesn’t represent total internal chaos – but it certainly doesn’t help a legal case.

Taking Court Action

When a California judge makes a ruling they expect it to be followed without delay. If a defendant feels they have an angle to appeal or relative new information then they may seek a judgement from a higher court.

In order to appeal without being in contempt of the judge’s ruling a defendant must post a surety bond called an appeal bond.

The appeal bond generally covers the amount of the money judgement along with any court fees or interest.

Anyone working a case in California should be aware of the appeal bond guidelines. A member of the Jurisco team can help set up an appeal bond quickly so the process will not be delayed.

Rite Aid is posting their appeal bond. Now only time will tell if there appeal will be sound enough to work.

 

 

What To Know About A Garnishment Bond In California

July 29, 2015 by · Leave a Comment 

garnishment bond californiaTo collect on a debt a debtor’s wages can be garnished in the state of California. This can happen in a range of cases including past due utility bills to civil suits over broken contracts. It is common for landlords to garnish a tenant’s accounts to collect back rent. The courts are accepting of the action, but they want to ensure it is done the right way. When a plaintiff seeks to garnish the wages or accounts of a defendant they must show the California Court that the action is done in good faith. Requiring a garnishment bond serves as protection for the defendant’s wages and the plaintiff’s actions.

Why Is A Garnishment Bond Required?

Without having a garnishment bond or other type of surety bond in place, the defendant could suffer an unjust financial loss. While the courts are understanding that the plaintiff’s deserve the money they are owed, they are hesitant to simply let the plaintiff walk out of the room with it. By asking for a surety bond, the plaintiff will have full protection should the garnishment later be found unlawful or unnecessary.

How Much Does This Surety Bond Cost?

The cost of a surety bond such as a garnishment bond is going to vary in the state of California. Local policies must be adhered to and the overall amount of the money in question will play a role. Our team at Jurisco can help review the facts and determine who much a garnishment bond will cost in the state of California so the defendant can move on with their garnishment action.

Does the Defendant Have Any Recourse?

The defendant does have a chance to appeal the wage garnishment to a state court. He or she may argue that payment arrangements have already been planned and started, or alternatively show how the garnishments aren’t necessary in the first place because there is no outstanding money due.

These types of actions come early on during the trial process. The judge may allow the plaintiff to garnish wages from the defendant during the early process, but when a judgment is made that plaintiff may have to pay back whatever was garnished if the ruling goes in the defendant’s favor.

If you would like to know more about Garnishment Bonds in California,  please contact the surety bond experts at Jurisco; and one of their staff will respond to your query.

Purposes Of A Mortgage Broker Bond in California

July 15, 2015 by · Leave a Comment 

mortgage brokerJumping into the real estate workforce continues to be an appealing idea for people at various spots of their careers. Not only is becoming a mortgage broker out of college a good move it is also attractive when switching careers, as well. People who generally enter this line of work have a knack for working with people and numbers. They also tend to have a good head on their shoulders – something the state of California wants to make sure they use fully which is why they require a mortgage broker bond.

Why Is A Mortgage Broker Bond Required?

The state of California requires that mortgage brokers take out a surety bond to cover their practice should any situations arise such as mishandling a person’s bank loan transaction. This surety bond is to show the state that the mortgage broker will work in good faith and uphold all state statutes as they pertain to real estate.

Having this surety bond in place is a time saver for the courts in the event a money judgement needs to be handled right away. This bond protects the consumer against any faulty practice that may result in a financial loss. A mortgage broker bond is necessary for any person serving as a mortgage broker for a potential buyer.

How Much Does A Surety Bond Cost?

The cost of a surety bond is going to depend on state and local regulations. In the state of California a mortgage broker bond typically covers around $50,000. This may vary based on local ordinances and/or size of the mortgage broker firm.

People interested in obtaining their mortgage broker license must think ahead to obtaining a mortgage broker bond. Without this surety protection they will not be operating by state code and therefore could be subject to fine and punishment.

Need A Bond In A Hurry?

One of the great things about Jurisco is that we can help our clients quickly. With a fast turnaround time, Jurisco’s lawyer trained staff can set up a mortgage broker bond in the state of California without the hassle. Contact our office today to get started.

What is a Replevin Bond in California

July 1, 2015 by · Leave a Comment 

What is a Replevin Bond in CaliforniaCases concerning property are likely to concern bonds as well. One plaintiff bond that is often required is a replevin bond which is called into play when the defendant is being asked to relinquish control of property (i.e. vehicle, art, a house). A judge requires this sequestration to cover any damages the defendant may incur should the seized property be deemed invalid. California cases are dealing with replevin bonds more and more as the economy continues to try and regain stability in a land of foreclosures and evictions.

When determining the necessity and cost of a replevin bond in California the courts will set an amount based on the value of the property, plus any additional court cost. For instance, a bond covering a brand new luxury vehicle won’t be as high as, say, taking over possession of a home. Bottomline, the court simply wants a safeguard in place so the defendant is not left high and dry. There are situations where property has been turned over to the plaintiff only to have it deemed later that the property was the defendant’s all along.

A plaintiff has the right to seek back property, however, which is why the replevin surety bond is important. It shows the court that the plaintiff would not be taking such measures if he or she did not fully believe that the possession of ownership should go to them. In situations of car repossessions, for example, it is usually in the best interest of the plaintiff to retrieve the car before the court proceedings begin. This prevents further loss of property and money for the one bringing the suit.

The court will fully weigh the risk of the plaintiff and defendant when granting the bond and recovering property action. Be sure to find out the estimated value of the property to allow the bond process to happen seamlessly and quickly. Letting a replevin bond work in your case’s favor will save a lot of legal headaches.

 
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