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Property Bond - A property bond is when two or more property owners in Jefferson or Shelby County use their property to secure the defendant's release. The pledged property's unencumbered value must be equal to or above the amount required for the appearance bond.
Property bonds, otherwise known as property investment bonds are a means for developers to raise money from investors in the form of a loan. The intention is to fund the projects during the earlier stages of development. Generally, the bond is a legally binding agreement between the investor and the property developer.
If a defendant can't post bail, they will remain in custody until their court hearing. If a defendant cannot personally post bail, they may ask family or friends to help them. Alternatively, they can engage a bail bond company to post a bond on their behalf.
If the defendant fails to attend a court date, they forfeit the money and may be sent back to jail. If a defendant complies with bail, the court returns their money at the conclusion of their case.
(i) The age, background and family ties, relationships and circumstances of the defendant. (ii) The defendant's reputation, character, and health. (iii) The defendant's prior criminal record, including prior releases on recognizance or on secured appearance bonds, and other pending cases.
Alabama courts use a set list of factors to set the amount of bond and the conditions of bond in a criminal case. The following factors are considered by the court: The age, background and family ties, relationships and circumstances of the defendant. The defendant's reputation, character, and health.
Under existing law, the Alabama Bail Reform Act of 1993, defines and provides for the use of bail bonds and the duties and responsibilities of professional bail and professional surety companies.
While Alabama does not regulate bounty hunters operating within the state, most bounty hunters in the state must be physically and mentally capable of performing a variety of duties related to this profession.
Legal Implications of No Bond A no bond decision often results in pretrial detention, meaning the defendant must remain in custody until their trial or the resolution of their criminal case.
It's a promise made to the court by a third party, usually a bond company, to pay the bail amount on the defendant's behalf if they fail to attend court or breach another condition of their release. In return, the defendant pays the bond company a service fee, usually around 10 to 20% of the bail amount.