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What Is A Deed of Reconveyance Good For?

Imagine this scenario: a couple is preparing to sell their home when they receive a call from their realtor. The real estate agent says the sale of the house is being blocked because they cannot find a deed of reconveyance. “What is a deed of reconveyance?” the couple asks. “It’s proof the house is yours,” the realtor replies. Now what? Well, now they need a surety bond.

Once a property is fully paid for, a deed of reconveyance is issued.

Once a property is fully paid for, a deed of reconveyance is issued.

A Deed of Reconveyance

A deed of reconveyance is received when a debt is paid off, such as paying the last mortgage payment on a house. With a deed of reconveyance, ownership of the property is transferred. Without this deed, the mortgage company still technically owns the property. This can lead to blocking the sale of the property, or expensive tax issues.

Generally, a mortgage company mails a deed of reconveyance within 30 days of the last payment clearing. However, it isn’t uncommon to have to call and remind the mortgage company to send over the deed of reconveyance. This Washington Post common title problems article covers this issue pretty well.

Now, there are some situations where tracking down a deed of reconveyance can be difficult. For instance, a house that has been passed down from generation to generation and now being sold to the public may lack the proper documentation. That’s when using a surety bond can help because it clears up what is a deed of reconveyance issue.

Surety Bond Solutions

Working with a surety bond expert at Jurisco is a fast way to find a solution to a deed of reconveyance problem. Jurisco is a nationwide surety bond company so they can offer expert advice and low surety bond rates.
Jurisco is ready to help you understand what is a deed of reconveyance. Contact Jurisco today with any questions about a reconveyance and the surety bonds you need to clear up an issue.

Ways To Handle A Release of Lien Florida Problem

Receiving a release of lien in Florida is simple when working with a reputable surety bond company like Jurisco. A Florida surety bond expert will quickly help resolve a lien situation with their thorough understanding of state statute. By securing a release of lien Florida bond, the lien can be removed from the property or assets.

What is a lien?

A release of lien Florida surety bond can help clear up property liens.

A release of lien Florida surety bond can help clear up property liens.

A lien works as a hold on a property. The owner cannot sale the property or transfer ownership in any way. Liens are generally placed on property because of payment disputes. Florida child support cases may even result in liens.

A contractor who doesn’t pay a subcontractor may be another reason why a lien is placed on property. Even if the property owner has receipts of bill payments, the court will allow a lien until the matter is heard. One way that liens can be avoided is by having a contractor, and their subcontractors, sign a lien waiver.

Florida statute details lien causes  and how they can be removed. The alleged debt can be contested in court, but until a ruling is made, the lien will stay on the property. To remove the lien, a release of lien Florida surety bond can be used.

Liens and Foreclosures

One reason to secure a release of lien Florida bond is to remove any limitations on the property. Liens may not only block the sale of a house, but they can add to the cost of foreclosure. When a foreclosed property is tangled up in liens, the fines go up, as does the stress level. This story about Florida condominium owners and liens is just one of the warning tales out there.

The release of lien Florida bond does not mean that the party is in fact owed money. Instead, it clears the property of a lien by standing in its place. The release of lien Florida surety bond takes the place of the lien, while giving the court time to hear the case. By having a release of lien bond, the property is once again in the clear.

Release of Lien Bond

Don’t let a lien cause problems. Remedy the situation with the help of a surety bond professional. Contact Jurisco today to learn more about release of lien Florida requirements.

Join Jurisco for Surety Bond Webinar

Join us on for the webinar on August 4th!

When do you need a bond in litigation?  How do you get one?  What are they anyway?  How does the process work?  Enforcement?  Challenges?  These are all questions attorneys ask themselves if they haven’t had to use bonds much in the past.

Why listen to this webinar? If you are seeking or resisting an injunction, a writ of attachment, a lis pendens, a mechanics lien, a stay of enforcement on appeal, or involved in any other matter requiring a bond or undertaking, you will learn practical tips for obtaining or invalidating the bond or undertaking

And, with appeals, even the best appeal can be useless if the prevailing party enforces the judgment while the appeal is pending. Learn how to make that happen, or keep it from happening.

If you’d like to learn more about this topic, please take a lunch break and join us at the upcoming webinar by Pincus Professional Education: Bonds Demystified on August 4th at noon.

Bonds Demystified (with other alternatives presented)
August 4, 2016, 12:00 p.m. – 1:30 p.m. PDT
One registration covers all attendees at one connection!  All attendees also get a download of the program.

Go here to register.  Can’t attend?  Pre-order the program

Webinar Topics Include:

  • What are they?
    • Difference between bond and undertaking
    • Some definitions
    • State vs. federal practice
  • When do you need one?
    • Injunctions
    • Lis pendens
    • Certain types of actions
    • Stay enforcement
    • Money judgment
    • Judgment for “costs only”
    • Court-set bonds
  • Other statutes
  • How do you get one?
    • How commercial surety companies work
    • Qualifications
    • Procedure
  • Alternatives to bonds
    • Personal sureties
    • Deposits in court
  • Challenging sufficiency of bond or undertaking
  • Enforcing liability on bond or undertaking

 

Please feel free to contact Pincus Pro Ed if you have any questions about this program.  You can reach them by phone at 877.858.3848 and by email at info@pincusproed.com.

 

CA CLE: 1.5 CLE units general, 1.5 units Legal Specialization in Appellate Law.

Help With Mechanic Lien Texas Situations

Dealing with a mechanic lien in Texas doesn’t have to be a hassle. Using a surety bond can sidestep a lot of troubles that mechanic liens cause. Working with a surety bond expert provides an easy way to take care of mechanic lien Texas situations quickly.

What Does A Mechanic’s Lien Mean?

TexasA mechanic’s lien is a lien on a property prohibiting the sale or transfer of ownership of the property. Often times, a lien is placed on property as part of a payment dispute. Contractors deal with this issue often when attempting to collect on bills for work completed or materials bought.

The Texas Bar explains Texas mechanic lien requirements in further detail on their site. In short, a lien is a legally binding hold on property until the dispute between plaintiff and defendant are cleared up.

How To Remove A Mechanic Lien in Texas

As one can imagine, a lien can cause serious problems for individuals and businesses. For individuals still making mortgage payments, a lien may cause the mortgage holder to increase payments or apply fines. Liens can also lead to tax issues. One of the fastest ways to remove a mechanic lien in Texas is with a surety bond.

Using a surety bond allows for the alleged debt to be covered while removing the lien. Posting a mechanic lien Texas bond is not an admission of guilt. In short, the surety bond simply takes the place of the lien. A transfer of lien bond is proof to a Texas judge that the issue is being handled seriously. It doesn’t take long for a judge to rule on the lien and accept the surety bond.

Ways to Avoid A Lien

One way to avoid a lien is to make a contractor and/or subcontractor sign a lien waiver. Some contractors make subcontractors sign such a waiver. The waiver rules out the threat of a lien. Meaning the owed party would have to seek other avenues to gain payment.

After a lien has been filed there may be ways to dispute it. Timing is one of the main reasons why liens are struck down. Mechanic lien Texas requirements include serving the lien within 5 days of filing the application. Judges in Texas make sure that this and other procedures are followed properly when determining the validity of a mechanic lien.

Have more mechanic lien Texas bond questions? Contact Jurisco today to speak with a Texas surety bond expert about mechanic lien bonds. Jurisco works to provide same-day service whenever possible, while offering low surety bond rates.

Injunction Florida Surety Bonds

Chances are the term “injunction” has been heard by most people either from film and TV or through news stories. Injunction Florida surety bonds are required bonds by the state before an injunction can be granted. Injunction surety bonds covers any damages that the defendant may incur.

Florida requires injunction bonds as a way to protect the defendant against wrongful action. Injunction Florida bonds may also be required to cover additional legal fees. Speaking to a surety bond expert at Jurisco can help clear up any questions or doubts concerning injunction Florida bonds.

Injunction Florida Examples

Road sign welcoming people to FloridaInjunctions can be used for a wide range of reasons. Plaintiffs may use an injunction to stop the sale of assets or possibly stop the publication of a book. Injunction cases are not uncommon in Florida. Jurisco helps clients throughout Florida with their injunction surety bond needs.

Filing an injunction does not mean that the court will approve the requested action. Take this recent story about the U.S. Cricket Association (USACA). The USACA wanted to block the Caribbean Premiere League (CPL) from playing six games in Florida, claiming they were not properly sanctioned games. To halt the games, they filed an emergency injunction. A judge did not rule in their favor, however, saying the USACA did not show sufficient proof for the need of an injunction.

Injunction Surety Bond Process

Jurisco works with clients to make the injunction surety bond process as easy as possible. Surety bond experts know the injunction Florida requirements which speeds up the process considerably. Being familiar with the injunction Florida bonding statutes, Jurisco often delivers same-day service.

The process starts with filling out a bond application. Online surety bond applications are available. Once Jurisco receives the application, a bonding expert works to secure the right bond with a low rate. Even clients with bad credit can receive a good surety bond rate from Jurisco.

Contact Jurisco to learn more about injunction Florida bonds, the application process, and ways to lower the cost. A surety bond expert is on-hand to deliver the best injunction Florida surety bond available.

Does A California Seller of Travel License Require A Bond?

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.

What Is A Writ of Sequestration?

A writ of sequestration is a prejudgment action that allows the court to seize or attach property or assets on behalf of the plaintiff. In an effort to make this process easier, a writ of sequestration bond is often used. The surety bond covers the action, so in the event something goes awry, the bond keeps things together.

Surety bonds are commonly used in attachment proceedings. A surety bond expert at Jurisco can help you determine if your situation would benefit from a surety bond.

Writ of Sequestration Bond Terms

sequestration definitionThe terms of a writ of sequestration bond are typically set by the court. There are situations where the defendant can make special requests, but it is up to the court’s discretion. Most commonly, a writ of sequestration bond covers the value of the assets being seized. Securing a bond that protects the assets, proves to the court that the plaintiff has taken the appropriate steps.

The cost of a sequestration bond is often a small percentage of its overall value. This is one reason why securing a writ of sequestration surety bond can be done so quickly. A judge can increase the bond amount to cover legal fees and/or the law enforcement agency entrusted to seize the assets.The U.S. Marshals Service deals with writ of sequestrations as a part of their regular duties.

Online Surety Bond Applications

Jurisco offers online writ of sequestration bond applications to make the surety bond process easier. Surety bond experts know that time is of the essence in bonding issues. Jurisco routinely delivers same day surety bond service.

When a judge gives the green-light on a sequestration, it’s important to have everything ready to go. Jurisco can make sure that a surety bond is secured within the designated time frame.

Contact Jurisco to discuss writ of sequestration bonds and how one may help your case. A surety bond expert can discuss your state’s restrictions to find the lowest cost for your surety bond.

Securing A Writ of Attachment Texas Bond

A writ of attachment Texas bond is a court order to seize an asset. There are several uses for a writ of attachment surety bond. A person going through a divorce and is splitting property may need a writ of attachment bond. Witnesses who ignore a subpoena can also find themselves “attached” for failure to appear.

Understanding the uses of a writ of attachment Texas bond will help make securing a surety bond easier. Speaking with a surety bond expert at Jurisco is a quick way to determine if a writ of attachment bond is right for you.

What Is A Writ of Attachment Texas Bond?

Texas flagWhen a writ of attachment is used to seize property, the courts require the plaintiff to secure a bond. A surety bond covers the value of the asset, so if the defendant later proves the attachment wrongful, they will be compensated.

The U.S. Marshals Service attachment bond explanation goes over how that office deals with attachment proceedings. Seizing an asset can be a disruptor to a person’s life or a business. A Texas judge will keep that in mind when they determine if an attachment is warranted.

Plaintiffs show the court good faith when they use a writ of attachment because they offer complete protection. This writ of attachment bond definition explains further.

How Long Does It Take To Secure A Surety Bond?

Jurisco offers online attachment bond applications for attachment bonds. Surety bond experts are also available on the phone or via email to start the application process and answer any questions.

It is important to work with a surety bond company that understands Texas surety bond requirements. Jurisco’s team of bond experts know the Texas bond mandates and how they apply to your needs. This makes the surety bond process go faster, often resulting in same-day bond service.

Contact Jurisco to learn more about writ of attachment Texas bonds. Jurisco is well versed in Texas surety bonds and will deliver fast, and friendly service.

Cash Surety Bond Decision Time

Being faced with the decision between using cash or a surety bond is more common than one might think. Cash surety bond requirements arise in a range of situations including criminal and business matters. Knowing the benefits of both is the best way to choose which is right for the situation.

When is a Cash or Surety Bond Required?

A stack of $100 dollar billsA cash or surety bond may be required in a legal proceeding, as a result of criminal action, a business requirement for a construction project, or a bonding mandate for guardians and curators.

While people may be more familiar with cash bonds in criminal cases, as the Legal Aid bond explanation highlights, those same situations could also use a surety bond. When the difference is sleeping at home or sleeping in jail, a surety bond can be the faster resolution. Courts tend to set high bail amounts, which can be hard to cover in one full payment. A surety bond only requires a fraction of the cost.

One area that typically does not receive press for their bond issues is business. Every state sets mandates for their surety and cash bonds. These include business requirements for sellers of travel, real estate, et al.  If a business is making the news over bonds it generally doesn’t spell good news for them.

Construction companies deal with bonds on a routine basis. The Nevada State Contractors Board cash surety bond discussion shows how each can affect project timelines. Again, being able to cover a fraction of the cost, instead of one large sum, can help the timeline and bottom line.

The Cash Surety Bond Solution

Cash may appear the less headache solution. Why not cover the full amount and not have to deal with a bond company? Well, if the cash requirement is $100 that seems doable. But what if it’s $1,000 or $10,000 or $100,000? Then cash isn’t the best way to handle things. A surety bond generally beats the cash option since it is faster to obtain.

With a surety bond, the full amount will be covered even though the upfront cost is minimal. A surety bond can also provide extra protection that paying in cash doesn’t provide. To learn more about how surety bonds work, contact a bond expert at Jurisco.

Jurisco works with clients with a variety of bond needs. A team of surety bond experts is here to answer any questions about cash surety bond situations. Contact them today.

Knowing The Writ of Possession Texas Rules

Understanding the writ of possession Texas requirements is essential before using this type of surety bond. A writ of possession Texas bond is typically used by landlords seeking to regain possession of property. If the surety bond is not filed properly, the court may delay the eviction process which can be costly.

Evictions and Writ of Possession Texas Uses

Texas State Capitol, Austin TXA writ of possession is also known as an attachment bond. The writ of possession Texas bond is a surety that guarantees the full costs and damages associated with the attachment. A landlord seeking to remove a tenant, for example, would have to cover the amount of rent owed among other court expenses.

Texas takes evictions seriously. It isn’t uncommon for cities and counties to offer resources for those facing eviction. The resources include a description of writ of possession. Taylor County’s eviction help and the Austin Tenants’ Council are just two examples of this practice.

When a tenant refuses to comply with the eviction order, a writ of possession is used to give Texas authorities’ the right to give the landlord possession. Not complying with this step can result in higher costs or even further legal hassles should the tenant sue.

Working with Jurisco is the easiest way to know that a writ of possession Texas surety bond is correct and secure.

Speaking with A Surety Bond Expert

Evictions can be a stressful experience. To limit the headaches and cost, a writ of possession Texas bond may just be the answer. Surety bond experts at Jurisco will take the time to answer any questions you may have about the surety bond and necessary steps. Jurisco also provides online bond applications to make sure you can receive the bond you need when you need it.

Contact Jurisco today to discuss writ of possession Texas surety bonds, the application process, and how to limit bond cost.