An Affidavit is a sworn, written statement of facts, signed by the 'affiant' (the person making the statement) before a notary public or other official witness. The affiant swears to the truth and accuracy of the statement contained in the affidavit. This document, an Affidavit of Sureties , is a model affidavit for recording the type of information stated. It must be signed before a notary, who must sign and stamp the document. Adapt the text to fit your facts. Available for download now in standard format(s). USLF control no. CA-CR-004-FED
Surety Bond For Security Deposit
State:
California
Control #:
CA-CR-004-FED
Format:
PDF
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How to fill out California Affidavit Of Surety - No Justification?
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FAQ
Updated . A surety bond is a legally binding contract that ensures obligations are met ? or in the case of failure, that recompense will be paid to cover the missed obligations.
KNOW ALL MEN BY THESE PRESENTS THAT I, ______________________________ Son/ daughter /wife of _________________________ resident of _______________________, in the District of _____________ at present employed as a permanent _____________ in the__________________ (hereinafter called "the Surety") am held and firmly ...
Thus, the surety will simply issue the bond, like a performance bond or payment bond, based on the financial standing of the underlying entity being bonded. However, in a security bond, there is collateral that is required, offering an added layer of confidence for the project owner.
No specific documents are required in order to draft and execute a surety bond. However, ID proofs of the parties in order to confirm the names and permanent addresses of the principal, surety and the obligee must be scrutinized.
A surety bond is a contract between three parties?the principal (you), the surety (us) and the obligee (the entity requiring the bond)?in which the surety financially guarantees to an obligee that the principal will act in ance with the terms established by the bond.