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 state but usually includes a provision for interest and court costs.
Premium is 2% of the bond amount. Minimum of $100.
Bond amount will be set by court order.
A Lis Pendens bond is only required when the plaintiff wishes to block the sale of a property before a judgment is made. This could occur at the beginning of a trial or midway through. At any point in the case, a plaintiff may use a lis pendens to protect his/her interest in the property. This surety bond covers the value of the property to protect the defendant against a loss.
Surety bond amounts fluctuate as they are based on the value of the property, the state’s mandates, and if the court issues any extra provisions. For example, the bond may have to include interest.
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.
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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.