What is a Release of Lis Pendens Bond?
A Release of Lis Pendens Bond is recourse for a defendant who wishes to sell property but cannot because the plaintiff has blocked their right to sell. The bond is the defendant’s guarantee that he or she will abide by the court ruling.
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.
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 is a Release of Lis Pendens Bond Needed?
A Lis Pendens is a legal tactic by a plaintiff to block the sale of property by a defendant. A Release of Lis Pendens Bond will make it possible to sell the property by using the bond to guarantee that the plaintiff will be satisfied should the original Lis Pendens be upheld. The bond amount varies by state but usually includes a provision for interest and court costs.
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 Defendants Lis Pendens 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 Defendants Lis Pendens 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.
