Understanding how does a surety bond work helps both lawyers working with clients and businesses wishing to meet state expectations. A surety bond works as a type of insurance that protects against loss due to wrongful action or distrustful behavior. Usually, a surety bond is required to provide a sort of barrier between financial loss […]
A common surety bond question is, what is a deed of reconveyance and do I need one? In short, a deed of reconveyance is what a person who pays off a mortgage must receive from the lender (mortgage holder) to prove final payment was made. A more detailed answer to what is a deed of […]
Each type of fidelity bond is going to have its own set of fidelity bond requirements. The best course of action is to work with a fidelity bond company that understands what you are dealing with. It is important that all fidelity bond requirements are met otherwise that could lead to expensive court cases and […]
A corporate surety bond can satisfy many requirements. From court cases to state mandates for businesses, a surety bond covers many bases. The name alone may cause many to think that a corporate surety bond is merely a business issue, but the matter appears in criminal court, as well. Overcoming Difficulties Of Posting A Surety […]
Bond surety protection goes beyond just meeting state requirements. The peace of mind a surety bond offers gives individuals and businesses the assurance they need to operate. There are several types of surety bonds used by plaintiffs and defendants including an injunction bond, appeal bond and replevin bond. Businesses use a bond surety to meet […]
The release of lien Florida requirements are pretty straightforward. A court will accept a surety bond covering the amount due which caused the lien. This removes possibility of the property being seized or lost. Use Bond To Remove Lien A release of lien Florida surety bond is required of any person or business wishing to […]
One way to secure property is a bond for title. This method is used in matters of real estate where the buyer pays the seller in installments. Bond for title represents an agreement that the funds associated with the closing of the real estate sale are not misused or stolen. Sellers who allow a bond […]
A mechanic lien Texas situation may arise from a contractor not being paid for services. To recover the money they feel they are owed they will put a lien on property. Having a lien placed on property can cause several problems if not addressed right away. Houses can be foreclosed on, automobiles can be repossessed, […]
Any party seeking an injunction in the state of Florida must post an injunction bond to protect against damages from a wrongful action. The injunction Florida surety bond allows the injunction to be carried out faster. Florida Injunction Cases Recently, there have been several injunction Florida cases where courts dealt with injunction requests. Each request […]