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June 4, 2013
What is a Lis Pendens Bond

[vc_row][vc_column][vc_column_text] What is a Lis Pendens Bond A Lis Pendens Bond is a type of surety bond which is required when a plaintiff is seeking to block the sale of a property by a defendant. The bond guarantees that the plaintiff is not filing the Lis Pendens in bad faith. The bond amount varies by […]

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June 4, 2013
Distress or Distraint Bond

[vc_row][vc_column][vc_column_text] What is a Distress or Distraint Bond? A Distress or Distraint Bond is a type of surety bond required by a court when a plaintiff seeks to remove a tenant from a commercial property due to unpaid rents.  It is commonly known as a “Distress for Rent”. Bond Premiums and Bond Amounts: Premium is 2% of […]

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June 4, 2013
Injunction Bond

[vc_row][vc_column][vc_column_text] What is an Injunction Bond? An Injunction Bond is a type of surety bond that covers any damages the defendant may sustain should the court rule the plaintiff’s suit is wrongful thus protecting the defendant from being wrongfully enjoined. Bond Premiums and Bond Amounts: Premium is 2% of the bond amount. Minimum of $250. […]

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June 4, 2013
Sheriff’s Indemnity Bond

[vc_row][vc_column][vc_column_text] What is Indemnity to Sheriff Bond? A Sheriff’s Indemnity Bond is a surety bond that protects a law enforcement agency seizing property on behalf of a plaintiff from a defendant should the defendant seek damages against the enforcement agency. Bond Premiums and Bond Amounts: Premium is 1% of the bond amount. Minimum of $100. […]

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June 4, 2013
Surety Bond Cost

[vc_row][vc_column][vc_column_text] What is a Cost Bond? A Cost Bond is a plaintiff bond that covers court costs when a party attempts to file action within a state without having residence. Not all states require this surety bond however, when they do it normally is under $2,000. Bond Premiums and Bond Amounts: Premium is 1% of […]

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June 4, 2013
What is a Claim and Delivery Bond

[vc_row][vc_column][vc_column_text] What is a Claim and Delivery Bond and is it Necessary? Also known as a Replevin or Sequestration, Claim and Delivery Bonds are required by statute if the plaintiff seeks to levy property before a judgment is made. The bond guarantees that if the Claim and Delivery is deemed wrongful that the defendant be […]

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June 4, 2013
What is a Sequestration Bond

[vc_row][vc_column][vc_column_text] What is a Sequestration Bond and is it Necessary? Also known as a Replevin or Claim and Delivery Bond, Sequestration Bonds are required by statute if the plaintiff seeks to levy property before a judgment is made. The bond guarantees that if the replevin is deemed wrongful that the defendant be able to collect […]

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June 4, 2013
What is a Replevin Bond?

[vc_row][vc_column][vc_column_text] What is a Replevin Bond? Replevin Bonds is a type of surety bond required by statute if the plaintiff seeks to levy property before a judgment is made. The bond guarantees that if the replevin is deemed wrongful, the defendant be able to collect damages.  It is also known as a Sequestration or Claim and Delivery […]

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June 4, 2013
Attachment Bond

[vc_row][vc_column][vc_column_text] What is an Attachment Bond? An Attachment Bond is a surety bond which guarantees the full costs and damages associated with an attachment proceeding. In the event the court rules the attachment to be wrongful, these surety bonds protect the defendant against a loss. The bond amount varies by state but usually includes a […]

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