California Instructions For Undertaking (Deposit Of Real Property As Bail) (Property Bond) is a form of bail accepted by courts in the state of California when an individual charged with a criminal offense is unable to pay cash bail. A Property Bond is a deed of trust that is created between the defendant, the defendant's surety (i.e. the person providing the bond) and the court. The defendant and the surety agree to pledge real estate as security for the defendant's appearance in court. The deed of trust is recorded with the county and a lien is placed on the property. The defendant is then released from jail and must appear in court when required. There are three types of California Instructions For Undertaking (Deposit Of Real Property As Bail) (Property Bond): (1) Standard Property Bond, (2) Owner-Occupied Property Bond, and (3) Joint Property Bond. The Standard Property Bond is the most common type and requires the surety to provide a deed of trust for a specified amount of money to be held as security for the defendant's appearance. The Owner-Occupied Property Bond requires the surety to provide a deed of trust for the full value of the property to be held as security for the defendant's appearance. The Joint Property Bond requires two or more individuals to provide a deed of trust for the full value of the property to be held as security for the defendant's appearance.
California Instructions For Undertaking (Deposit Of Real Property As Bail) (Property Bond)
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