A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
Use this form to get a bond refunded. ' All sections of this form must be completed to enable smooth processing of information.When filling out the bond refund form, tenants can nominate any New Zealand bank account for the bond to be paid to, including their new landlord. Refund checks will be mailed to the depositor or assignee within 10 days after the bond has been discharged, all applicable fees have been deducted. Moving out of the flat? Check out our tips for getting that sweet, sweet bond money back (because we know you have big plans for it). You must fill out each of these forms before we can process a bail bond. Click on each of the 4 documents listed below to open a printable PDF version. Man killed in hitandrun crash in West Palm Beach as cases in Palm Beach County continue to rise.