Demand For Bond In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00415BG
Format:
Word;
Rich Text
Instant download
Description
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.
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How do I find out the amount due on a case or request a payoff demand? This program will help you write a letter that formally requests the money you are owed.This is called a Demand Letter. There are two state bond measures and several municipal bond measures people in Sacramento will be voting on in the November general election. Mail or place completed forms in the court dropbox located at the. Family Court at 3341 Power Inn Road, Sacramento, CA 95826. The bond measures propose raising property taxes to pay back the funds. The property tax increases are based on the assessed value of people's properties. Complete both pages of the application. Demand for Release of Mechanics' Lien.
