Criminal Bond Types In Florida
Description
Form popularity
FAQ
Investment-grade Bond (or High-grade Bond)
Hearing. For some felonies, there is an automatic "convenience" bond attached to the offense. For some felonies, a defendant is required to go before a first appearance judge. The HG designation means that the defendant is being held pending a bond hearing.
There are several different types of bail bonds, including but not limited to: Surety Bonds: Surety bonds are the most common type of bail bond and involve a bail bond agent or surety company providing a financial guarantee to the court that the defendant will appear for their scheduled court appearances.
High-grade bond. A bond with Triple-A or Double-A rating in Standard & Poor's, or Moody's rating system.
In Sarasota County, when a person has a "$0 bond" they in reality have no bond at all--they cannot bond out of jail. Certain charges will have a standard bond of $0 set upon arrest. If this is the case, the person will likely be brought before a judge at first appearance who may then set a bond.
A General Obligation bond, also known as a GO bond, is a debt mechanism that is financially backed by the assessment of ad valorem taxes. Ad Valorem taxes are commonly referred to as property taxes. A GO bond must be approved by the voters before proceeding with implementation.
A Personal Recognizance Bond, better known as a “PR Bond“, is granted by a court judge once the review of an individual's case and criminal history has been completed during a pretrial hearing.
In Florida, bail is determined by the judge based on factors like the severity of the charges, your criminal history, and whether you are considered a flight risk. The judge may also consider community ties and the potential danger to the public.
A surety bond is a three party guarantee put into place to protect the party requesting the bond and guarantees the performance, ability, honesty and integrity of individuals performing various responsibilities and obligations. The three parties involved are the obligee, principal and surety.
