What Is a Property Bond?

A property bond may only be obtained from a court. If the court permits, a defendant may be allowed to deposit cash or other valuable property to be held by the clerk as a guarantee that the defendant will appear as required.

Some jurisdictions allow property bonds guaranteed by a pledge of unencumbered equity in Colorado real estate. Other courts do not allow real estate to be used as a property bond. Requirements and procedures for property bonds vary between jurisdictions.

By | 2020-01-03T05:15:09-07:00 January 3rd, 2020|