Bond Definition In Law In Bronx

Category:
State:
Multi-State
County:
Bronx
Control #:
US-00006DR
Format:
Word; 
Rich Text
Instant download

Description

The Bail Bond Agreement defines a bond in law within the Bronx as a contractual arrangement allowing a defendant to secure their release from custody while awaiting trial. This form outlines essential features such as responsibilities for the applicant, premium payment terms, and indemnification clauses protecting the bonding company and surety from potential liabilities. Users must complete sections that require personal information, the penal sum of the bond, and the name of the defendant and court. Detailed filling instructions guide users to provide accurate information to avoid complications. The agreement also ensures that the bonding company can reclaim costs for expenses incurred if the defendant fails to appear in court. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured approach to managing bail bond transactions and understanding their legal implications. It's important for legal professionals to comprehend these terms to advise clients accurately and facilitate the bail process effectively.
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FAQ

To request a Certificate of Disposition bring the following items to the Central Clerk's Office in the court in which your case was processed: Defendant's full name and date of birth • Docket Number (if you know it) • Picture I.D. $10.00 (exact change only). If you are receiving public benefits, present your valid N.Y.

By securing a bond from a surety, you are demonstrating your willingness to assume responsibility for any legal/financial issues that might arise as a result of wrongdoing on your part. Another major difference between being insured and being bonded involves reimbursement.

For example, if the judge sets a $5,000.00 standard bail bond, you will remit to the court $500.00. If you plea to any of the charges, you will receive 90% of that deposit back, or $450.00.

If you are facing criminal charges and have an upcoming bond hearing, you need to hire an attorney as soon as possible. Having an experienced lawyer by your side can be the difference between remaining in jail until your trial or being released and being reunited with your friends and family.

Bond's Law: The work required to form particles from very large feed is proportional to the square root of the surface-to-volume ratio.

A bail bond is a surety bond, which is posted by a bail bond company to the court as a guarantee for an arrestee's appearance at all court dates. The court will release an arrestee from detention upon posting of the bail bond.

The process of securing a property bond involves several steps, including: Property Valuation. The court requires an appraisal of the property to verify its value and ensure it meets the required equity threshold. Lien Placement. Legal Documentation. Court Approval. Defendant's Release.

If a claim is filed against your bond, the surety company expects you to take care of the claim. This is your obligation under the indemnity agreement you signed when you purchased your bond. If you fail to do this, the Surety will usually start an investigation to determine the claim's validity.

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Bond Definition In Law In Bronx