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Example of a Replevin Bond in Action The owner of the storage locker takes possession of your things and you decide to sue him to get them back. If the court allows, you can obtain a replevin bond in order to get your stuff back before settling the lawsuit.
Examples of replevin in a Sentence Recent Examples on the Web. Noun. They are represented by lawyer Timothy J. Conlon, who is also representing other former students in a complaint and writ of replevin against Thomas in Washington County Superior Court.
Creditors use replevin actions to recover collateral when debtors default on secured loans. For example, a bank might file a replevin action against a borrower to repossess the borrower's car after he missed too many payments.
A replevin bond is a type of surety bond that protects the defendant in a court case, guaranteeing that the moving party will return the defendant's property should the court determine that the defendant is actually entitled to the property.
In its simplest terms, replevin is a procedure whereby seized goods may be provisionally restored to their owner pending the outcome of an action to determine the rights of the parties concerned. The requirements of a replevin action differ by jurisdiction.