Property bond definition

Property bond means a bail bond executed for compensation
Property bond means a financial guarantee approved by the court, secured by property, real or personal, that the defendant will appear in court as ordered.

Examples of Property bond in a sentence

  • Such purposes include the obtaining of the Loan, the transfer of the Property, bond registrations and cancellations, insurance, as well municipal clearances and other certificates.

  • Property bond schemes are relatively new and untested, and a Government-backed version would be unprecedented.


More Definitions of Property bond

Property bond means a financial guarantee approved by the

Related to Property bond

  • Security Bond means an amount payable by a tenant as security for the performance of his obligations under a residential tenancy agreement, including an amount referred to in section 29(1)(b)(ii);

  • Fidelity Bond A fidelity bond to be maintained by the Servicer pursuant to Section 4.12.

  • Surety Bond means a bond from a Bond company with a credit rating by AMBEST better than a “B”. The bonding company shall be certified to issue bonds in a state in which this Agreement is approved.

  • Property Insurance is defined in Section 6.10(a).

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.