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.
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.
Bond amount will be set by state statute.
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.
Jurisco offers competitive rates for Supersedeas Bonds nationwide, fast service and a broad base of knowledge to help clients throughout the United States. We specialize in:
Our application process is as simple as 1, 2, 3. Simply click on the appeal 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.
Get in touch with lawyer-trained staff at Jurisco now.
The lawyer-trained staff at Jurisco understands the urgency related to defendant’s bonds and other civil court surety bonds. Other surety bond companies provide paperwork and hassles, while Jurisco specializes in solutions. Contact us by email, phone or fax to discuss your surety bonding needs today.