Counter Replevin Bond
What is a Counter Replevin Bond?
In civil court cases, a counter replevin bond is required as a guarantee that the defendant will surrender the property, or its equivalent value, to the plaintiff should the court rule in the plaintiff’s favor.
Bond Premiums and Bond Amounts:
* Defendants bonds require full collateral in the amount of the bond. We only
accept Cashier’s Check or Irrevocable Letter of Credit. Exceptions can be made for
large publicly-traded corporations or Insurance companies. Please contact us for the
required ILOC form.
Premium amount is 1% with collateral or 2% without collateral.
Minimum of $250.
If bond is for use in Florida there will be a 1.3% tax of the PREMIUM.
Bond amount will be set by State Statute.
List of states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
FAQ:
When are Counter Replevin Bonds necessary?
Counter replevin bonds are required in cases where one party is suing another for possession of property. This type of defendants bond must cover up to 1.5 times the value of the property the plaintiff is seeking. Without this bond, the defendant would have to release the property to the plaintiff.
Who does a counter replevin bond protect?
The counter replevin bond protects the plaintiff while the court determines judgment in the case. It also serves the benefit of the defendant as it allows them to retain possession. The defendant is responsible by the court to cover all costs and damages.
Click on the appropriate surety bond application to download the defendant’s bonds form.
Review our surety rates from the rates section, fill out the PDF application form, and submit through your email client.
Jurisco will contact you to confirm receipt of the application then begin work immediately.
Jurisco offers competitive rates for Counter Replevin Bonds nationwide, fast service and a broad base of knowledge to help clients throughout the United States. We specialize in:
- Providing the best knowledge and service for surety bonds
- Lowest rates on all surety bonds
- Assisting clients to understand their bond rights and responsibilities
- Fast and accurate service
- Delivering solutions to bad credit applicants
Our application process is as simple as 1, 2, 3. Simply click on the counter replevin bond application, fill it out, email it to us with the required court documents and it’s done. Through our years of hands on experience, Jurisco understands that efficiency is imperative in the court system. We want you to have what you need, when you need it. Let’s start the process now.
