Bond to Stay Execution on Appeal of Summary Ejectment Judgment: This is an official form from the North Carolina Administration of the Courts (AOC), which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by North Carolina statutes and law.
Raleigh North Carolina Bond to Stay Execution on Appeal of Summary Enactment Judgment refers to a legal process by which a tenant in Raleigh, NC can delay enforcement of a summary enactment judgment while the appeal is pending. This bond serves as a guarantee to cover any potential costs if the tenant fails to comply with the final judgment after the appeal. When a tenant receives an unfavorable summary enactment judgment and wishes to appeal, they can apply for a Bond to Stay Execution. By posting this bond, they can prevent the landlord from forcibly evicting them during the appellate process. This bond typically needs to be filed with the court within a specified period after the judgment is entered. The amount of the bond is determined by the court and is usually equal to the unpaid rent or the estimated monthly rent for the duration of the appeal process. It is important for tenants to understand that they are responsible for paying the bond amount upfront, as it acts as a form of security for the landlord. There are different types of Raleigh North Carolina Bond to Stay Execution on Appeal of Summary Enactment Judgment, including: 1. Cash Bond: This refers to a bond where the tenant pays the full amount in cash upfront to the court for the duration of the appeal process. If the tenant wins the appeal, they may receive a refund of the bond amount. 2. Surety Bond: In this type of bond, the tenant pays a premium to a surety company, which then provides the bond to the court. If the tenant fails to comply with the final judgment, the surety company will be responsible for paying the bond amount to the landlord. 3. Secured Bond: This bond is often used when the tenant doesn't have sufficient cash on hand. It involves providing collateral, such as property or other valuable assets, to secure the bond amount. If the tenant fails to comply with the judgment, the collateral may be seized by the court to cover the bond. It's important to note that the specific requirements and procedures regarding the Raleigh North Carolina Bond to Stay Execution on Appeal of Summary Enactment Judgment may vary. Tenants facing eviction in Raleigh should consult with an attorney or legal professional for advice on their specific situation.Raleigh North Carolina Bond to Stay Execution on Appeal of Summary Enactment Judgment refers to a legal process by which a tenant in Raleigh, NC can delay enforcement of a summary enactment judgment while the appeal is pending. This bond serves as a guarantee to cover any potential costs if the tenant fails to comply with the final judgment after the appeal. When a tenant receives an unfavorable summary enactment judgment and wishes to appeal, they can apply for a Bond to Stay Execution. By posting this bond, they can prevent the landlord from forcibly evicting them during the appellate process. This bond typically needs to be filed with the court within a specified period after the judgment is entered. The amount of the bond is determined by the court and is usually equal to the unpaid rent or the estimated monthly rent for the duration of the appeal process. It is important for tenants to understand that they are responsible for paying the bond amount upfront, as it acts as a form of security for the landlord. There are different types of Raleigh North Carolina Bond to Stay Execution on Appeal of Summary Enactment Judgment, including: 1. Cash Bond: This refers to a bond where the tenant pays the full amount in cash upfront to the court for the duration of the appeal process. If the tenant wins the appeal, they may receive a refund of the bond amount. 2. Surety Bond: In this type of bond, the tenant pays a premium to a surety company, which then provides the bond to the court. If the tenant fails to comply with the final judgment, the surety company will be responsible for paying the bond amount to the landlord. 3. Secured Bond: This bond is often used when the tenant doesn't have sufficient cash on hand. It involves providing collateral, such as property or other valuable assets, to secure the bond amount. If the tenant fails to comply with the judgment, the collateral may be seized by the court to cover the bond. It's important to note that the specific requirements and procedures regarding the Raleigh North Carolina Bond to Stay Execution on Appeal of Summary Enactment Judgment may vary. Tenants facing eviction in Raleigh should consult with an attorney or legal professional for advice on their specific situation.
