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In Las Vegas, NV a bail bond is a payment made by a bondsman to a Nevada court to release a defendant after they are arrested. If you cannot afford to pay bail by yourself, you may hire a bondsman, agreeing to pay them approximately 15% of the bail amount.
The bond must be written by a surety company authorized to transact business in the State of Nevada, and whose long-term obligations are rated ?A? or better. An applicant or licensee can post a cash deposit In lieu of a surety bond. Cash deposits must be in the form of a Cashier's Check for the full amount of the bond.
Your surety bond cost is a percentage of the total bond amount, also called the bond premium. There are two main factors for how that cost is determined by underwriters: The type of surety bond and the bond coverage required. The credit history of the applicant.
If the defendant makes all court appearances and complies with all court orders, the cash bail may be returned to the person who posted it, or the Court may order it be applied toward Court fines and fees.
Nevada notary applicants must complete a 3-hour online training course through the Nevada Notary Division, pass the exam, and file a $10,000 surety bond with their county clerk's office.
The Court sets the bail amount based on factors such as the risk that the Defendant will flee or the danger to the community. Generally speaking the more serious the crime is thought to be, the higher the bail amount.
Nevada law requires all notaries to have a $10,000 notary surety bond for the duration of their commission. The Nevada notary bond protects the people of Nevada from any mistakes you might make while performing your notarial duties.
The bail bond serves as surety that the defendant will appear for trial. Judges typically have wide latitude in setting bail amounts. Bail bondsmen generally charge 10% of the bail amount up front in return for their service and may charge additional fees. Some states have put a cap of 8% on the amount charged.