Bail Bond


Definition of "Bail bond"

Lynn Leaders
Lynn Leaders HEARTLAND PROPERTIES

Monetary guarantee that an individual released from jail will be present in court at the appointed time. If the individual is not present in court at that time, the monetary value of the bond is forfeited to the court (jumping bail). Personal automobile policies commonly cover fees for an insured's bail bond.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Bond, Bail

Same as term Bail Bond: monetary guarantee that an individual released from jail will be present in court at the appointed time. If the individual is ...

Contingencies

Unexpected claims occurring above the expected claims for which a contingency reserve is maintained. ...

Alternative Minimum Cost Method

Means of funding permitted under the employee retirement income security act of 1974 (ERISA). The administrator of a pension plan can comply with requ ...

Defined Contribution Pension Plan (money Pur-chase Plan)

Retirement plan under which contributions are fixed in advance by formula, and benefits vary. These plans are often used by organizations that must kn ...

National Council On Compensation Insurance

Membership organization of insurance companies that write workers compensation insurance. The organization collects statistics on the frequency and se ...

Backup Withholding Rate

Effective January 4, 1994, the backup withholding rate on dividends, interest, and gross proceeds distributions increased from 20% to 31%. Backup with ...

Popular Real Estate FAQ

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

What is title insurance? What does an appraisal mean? What are the benefits of Commercial Auto Insurance? What is a gift letter? What Will My ARM Loan Payment Be ?