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.
New case filings are required to be EFiled to the court. Exceptions can be made with prior approval only.Checklist. ALL sections to be completed. Missing information will delay the bond refund. Information for tenants, landlords and agents about bond refunds and how to avoid claims and disputes. Learn to effectively craft a surety bond claim letter sample with our 5-step guide. Secure your claim with Palmetto Surety Corporation's expert insights. APPLYING FOR A BOND REFUND WHERE BOTH PARTIES AGREE: Both parties complete, sign and lodge this form with Consumer and Business Services. Upon posting the bond, ICE provides the obligor with ICE Form I352, Immigration Bond, and ICE Form I305, Receipt of Immigration Officer. In the RBO portal, select the drop down arrow next to Tenant option, then choose Lodge a Bond.