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To write an agreement with a bond, include details such as the parties involved, the amount of the bond, conditions for releasing the bond, and consequences for breaching the agreement. Consult with a legal professional to ensure the agreement meets all legal requirements and covers all necessary aspects.

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1y ago

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Can a bondsman revoke a bond for no reason?

A bail bondsman can ask the court to revoke a bond, but the judge alone has the final say whether a bail bond may be revoked.


What is bond estreature?

Bond estreature is the legal process of forfeiting a bond posted as a guarantee of performance or payment. This typically occurs when the bond issuer fails to meet their obligations or violates the terms of the bond agreement. Upon estreature, the bond amount is surrendered to the party that posted it as a form of compensation.


What is bond serving?

Bond serving typically refers to the process of a bond issuer making regular interest and principal payments to bondholders as outlined in the bond agreement. This allows investors to receive their expected returns on the bond investment over time. Bond serving is crucial for maintaining trust between the issuer and investors in the bond market.


What does Non Comp Bond mean?

Non-compete bond refers to a financial guarantee that a party agrees to pay to compensate another party for any potential financial losses incurred due to a breach of a non-compete agreement. This bond serves as a form of security to ensure that the party subject to the non-compete agreement upholds their obligations. If a breach occurs, the bond can be used to cover damages resulting from the breach.


When the owner of a fhlm bond dies does he or she receive the amount they paid for the bond?

When the owner of a Freddie Mac bond dies, the bond is typically passed on to the beneficiary named in the owner's estate planning documents. The beneficiary would then be entitled to the payment terms outlined in the original bond agreement.

Related Questions

Difference between bond agreement and bond indenture?

What is the difference between a bond agreement and a bond indenture?Bond Agreement: A contract for privately placed debt.Bond Indenture: A blanket agreement between a corporation and its bond holders that states the interest rate, maturity date, and other terms and conditions of the bond issue.Based on these two definitions a bond agreement is more of a private agreement between the company and the bond purchaser where the bond indenture is more of a legal agreement. Bond agreement could get complicated if it isn't a trusted person where the bond indenture appears as a contractual agreement to keep people honest.


What is a synonym for a covenant?

Pact, contract, binding agreement.


The Bond Of 1844?

The bond of 1844 was the peace agreement between the British and the Fante chiefs


What is an agreement or bond kept by a third party?

escrow


What is a homonym for bond?

A homonym for "bond" is "bond." Bond can refer to a connection or relationship between people or entities, as well as a financial instrument that represents a loan agreement.


Give sample agreement of a mortgage bond?

kasunduan sa pagsangla


Can a bondsman revoke a bond for no reason?

A bail bondsman can ask the court to revoke a bond, but the judge alone has the final say whether a bail bond may be revoked.


A is an agreement that protects a person against loss caused by a third party?

Bond


How do you write a sentence using agreement?

All room rentals are subject to a license agreement with the college.


What happens when License Bond pays out?

When the person acquired their license bond they signed an indemnity agreement. That indemnity agreement states that if there is a claim paid out on the bond the person or persons who signed the indemnity are responsible to repay to the surety all costs associated with said claim. Once there has been a loss on the persons license bond it will be very difficult if not impossible for that individual to get another bond until the claim has been repaid.


What is a binding agreement between 2 or more people?

this is called a alliance


How do you write an ionic bond?

X+ Y-