Author name: admin

Surety Bonds 101

Bond Basics 101: What is a Surety Bond?

Surety Bond – This is a generic term to describe many types of bonds. A surety bond is a three-party guarantee. The three parties are: 1. The principal – The primary person or business entity who will be performing a contractual obligation. 2. The obligee – The party who is the recipient of the obligation (usually a government … Continue reading Bond Basics 101: What is a Surety Bond? →

Title Bonds

What are title bonds?

While reading quick summaries of different kinds of bonds, I paused on the description of title bonds. I think they illustrate well the basic idea behind bonds, and how they act as a mechanism of trust between two parties. Title bonds are required usually by state governments before they will reissue titles for larger items … Continue reading What are title bonds? →

Court Bonds

What are Court Bonds?

Court bonds explained simply: plaintiff’s bonds vs defendant’s bonds, with examples — plus the full menu of judicial bonds attorneys rely on.

Scroll to Top