Pennsylvania Bail Bond Secured by Property or Real Estate Bond is a type of bail bond that is secured by real estate or property. This type of bail bond requires the defendant to sign a lien against the property and provide a legal document that states the owner of the property will be responsible for the bond amount, should the defendant fail to appear in court. There are two types of Pennsylvania Bail Bond Secured by Property or Real Estate Bond: Surety Bond and Cash Bond. A Surety Bond is issued by a licensed surety who is financially responsible if the defendant fails to appear in court. A Cash Bond is issued by the court, and the defendant must provide the full amount of the bond in cash.
Pennsylvania Bail Bond Secured by Property or Real Estate Bond
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Pennsylvania
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PA-SKU-0494
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Bail Bond Secured by Property or Real Estate Bond
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FAQ
Here is how bail works in Pennsylvania: A Magisterial District Judge (MDJ) does determine if you are eligible for bail in Pennsylvania after an arrest. They set bail during your preliminary arraignment, where they will also read your charges, inform you of your rights, and ask you to enter a plea.
Within 20 days of full and final disposition of a case, the Clerk of Courts must return 70% of the cash bail posted to secure a defendant's release to the person who deposited the cash bail or is deemed to be the depositor. See Pennsylvania Rules of Criminal Procedure 528 and 535 and Philadelphia Criminal Rule 506.
You must post 10% of the bail as set by the District Justice or the Court, but in no event less than $50.00. 3. The defendant must attend all Court hearings in his case, or be subject to being placed in jail on a Bench Warrant issued by the Court, and subject to the bail money being forfeited.
Without a warrant? As a general rule, they can enter the fugitive's property, but not anyone else's. They must be physically aware, by sight or sound, that the fugitive is within the home, and that entering the home will not endanger anyone inside.
Release On Monetary Condition ? The defendant will be released once the monetary condition is imposed. For example, if bail is set at $1,000, the entire amount must be posted before the defendant can be released. But what if you don't have the money?
After being arrested, the defendant will stand before the MDJ, who will set an amount of bail. Bail is set to assure the defendant shows up for court proceedings. If the suspect pays the bail, or uses the services of a bail/bond company, he/she does not go to jail.
Factors that will be considered in deciding what amount to set bail at (and whether or not to grant bail in the first place) include the following: Whether you have ties to the local community. Whether you are a flight risk. The nature and severity of the alleged crime.
The purpose of bail is to ensure that you appear for court and in some cases to protect the public. In Pennsylvania, the permissible forms of collateral you can post with the court are money, securities, bonds, property or the bond of a licensed bail bondsman.
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Professional Bail Bondsman. A property bond is a secured bond that posts the value of tangible property to the court as guarantee for the temporary release of a suspect.A property bond is a bond that posts the value of tangible property, such as real estate, in order to obtain a pretrial release from jail. A property bond is a bond that uses real property as collateral in order to secure a release from jail while waiting for trial. A real property bond must have sufficient surety value, on its own, to cover the entire amount of the bond for which it acts as surety bond. Don't have enough cash for a surety bond? Real estate (such as homes, farmland, or vacation property) is perhaps the most common form of collateral used to secure a bail bond. What Types Of Bail Bond Collateral Are There? A bail bond that an insurance company secures is known as a surety bond. A secured bond means that you actually pay money or bail property to secure your release.