Idaho Surety Bond With State

State:
Idaho
Control #:
ID-02-09
Format:
Word; 
Rich Text
Instant download

Description

Idaho law contains several lengthy provisions regarding the process by which a party may commence a legal action to have a lien released by posting a surety bond. Filing an action under most of these statutes requires the services of an attorney. However, Idaho statutes also provide a standard form which may be filed to show that a party with an interest in the property has obtained a surety bond. Idaho Code §45-519.


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  • Preview Release of Lien by Posting of Surety Bond - Individual
  • Preview Release of Lien by Posting of Surety Bond - Individual

How to fill out Idaho Release Of Lien By Posting Of Surety Bond - Individual?

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FAQ

Most Popular Surety Bonds in Idaho There is a $15,000 minimum bond amount required. A $25,000 bond is required by the Department of Finance of all investment advisers operating in the state. The bond ensures compliance with the provisions of the Uniform Securities Act of the State of Idaho.

Surety bonds generally cost 1-15% of the required bond amount. Costs vary significantly depending on the bond amount you need and your rate (which is the percentage of the full bond amount you must pay). You can get an instant estimate by using our bond premium calculator, or apply online to get a firm bond quote.

Contractor bonds are required for any contractor wanting to become licensed in the state of Idaho.

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.

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Idaho Surety Bond With State