Surety/Bonds

An agreement whereby one party called the Surety, for a Valuable consideration or free known as premium, binds himself to guarantee the performance of another party called the Principal or Obligor of an obligation or undertaking in favor of a third party called the Obligee.

Application and requirements (attached)

PARTIES TO A BOND

SURETY AGREEMENT

NON JUDICIAL BOND
I. CONSTRUCTION BOND
a. Bidders Bond
b. Performance Bond
c. Advance payment Bond
d. Labor and Materials Payment
e. Warranty Bond

II. FIDELITY BOND
III. GUARANTEE PAYMENT BONDS
a. Credit
b. Financial

JUDICIAL BOND
I. FIDUCIARY BONDS
a. Administrator’s Bond
b. Executor’s Bond
c. Guardian’s Bond
d. Receivership’s bond

II. CIVIL JUDICIAL BONDS
a. Heir’s Bond
b. Bond to Levy Attachments
c. Replivin Bond
d. Counter Replevin
e. Supersedeas Bond