Florida Bail Bond Agreement

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State:
Multi-State
Control #:
US-00006DR
Format:
Word; 
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Description

A bail bond is a bond provided by an insurance company through a bail bondsman acting as agent for the company, to allow an accused defendant to be released before trial. A bail bond is designed to ensure the appearance of the defendant in court at the scheduled time. Prior to the posting of a bail bond, the defendant or a co-signer must guarantee that they will pay the full amount of bail if the defendant does not appear in court. The bail bond company usually charges 10 percent of the amount of the bond and often requires the defendant to put up some collateral like a seconded of trust or mortgage on one's house.


When the case is concluded, the bail bond is "exonerated" and returned to the insurance company. If the defendant disappears and fails to appearing court (skips bail), the bond money will be forfeited unless the defendants found and returned. The bond may be forfeited, by order of the court, upon the partys failure to appear or to comply with the conditions of the bond. If the defendant is located and arrested by the bail agent the cosigner is responsible for all expenses the bail agent incurs while looking for the defendant.

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FAQ

Writing a bail bond involves creating a legal document that outlines the terms of the Florida Bail Bond Agreement. Start by including the names of the involved parties, the bail amount, and any conditions attached to the bond. It's crucial to ensure that all necessary legal language is included to make the bond enforceable. For a reliable template and detailed instructions, check out US Legal Forms, where you can find tailored resources for drafting bail bonds in Florida.

Filling out a bond form for a Florida Bail Bond Agreement requires attention to detail. Begin by gathering all necessary information, such as the defendant's details, the amount of the bond, and the bail agency's information. Carefully follow the instructions provided on the form to ensure accuracy. If you need assistance, consider using US Legal Forms, which offers templates and guidance specifically designed for Florida bail processes.

Obtaining a surety bond in Florida can vary in difficulty depending on your financial situation and credit history. Generally, the process involves providing personal information, details about the arrest, and possibly collateral to the bail bond agent. If you meet the requirements outlined in the Florida Bail Bond Agreement, you can successfully secure a surety bond. For assistance, consider using the uslegalforms platform, where you can find resources and templates to streamline the process.

18+ and hold a high school diploma or its equivalent. Successfully complete a state-approved 120 hour basic certification course. Successfully complete a state-approved correspondence course for bail bond agents. Pass a final exam given by the state Department of Financial Services.

A bail bond may be secured by the defendant or someone else, like a family member. The person contracting for the bond not only pays the 10% fee, but must also agree to be responsible for the remainder of the bail posted by the bond agent if bail is forfeited.

Once a bond is posted it generally takes 6 to 8 hours for the defendant to be released. This delay has nothing to do with the bail agent. It is the procedure which the jail uses to process the release of an inmate. NO BAIL AGENT HAS THE ABILITY TO ALTER THIS PROCESS.

How Long Can a Person be out on a Bail Bond? Most states allow the bail bonds to last anywhere from 90 to 120 days. However, the time period varies based on the seriousness of the crime. The person's previous criminal record is also considered.

This is unsecured debt, meaning no collateral exists to guarantee at least a portion. Bonds in this category are often referred to as debentures. Such unsecured bonds only have the issuer's good name and credit rating as security.

Most of the states in the US, including Florida, have a stay-out-of-jail period that ranges from 90 days to 120 days.

Per Section 903.31, Florida Statutes, bail bonds expire 36 months after they are posted to release a defendant from custody. If 36 months has passed and the court has not ruled on the case, a new bail bond would be necessary.

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Florida Bail Bond Agreement