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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”.
Premium is 2% of the bond amount. Minimum of $100.
Bond amount will be twice (2x) the distress or distraint.
Statute requires this surety bond to protect the defendant. The Distress for Rent Bond guarantees the defendant’s compensation should the court find the Distress to be wrongful. 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.
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