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Notice of Satisfaction of Bail Bond Lien on Real Estate

Franklin Ohio Notice of Satisfaction of Bail Bond Lien on Real Estate

Name: Franklin Ohio Notice of Satisfaction of Bail Bond Lien on Real Estate
Brand: US Legal Forms
Rating: 4.82 (423 reviews)

Category:

Criminal - Bail

State:

Multi-State

County:

Franklin

Control #:

US-00991-BZ

Format:

Instant download

Description

This form is a Notice of Satisfaction of Bail Bond Lien on Real Estate. To be filed by the lienholder when lien is satisfied. Adapt to fit your circumstances.

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FAQ

The discharge on bail is accomplished by the taking of bail (i.e., the acceptance by the court or magistrate of security either an undertaking (bail bond) or deposit (cash) for the appearance of the defendant before a court for some part of the criminal proceeding).

If you paid cash bail to the court, meaning you paid the full bail amount, you will have that money returned to you after the defendant makes all required court appearances. If the person does not show up in court, that money will be forfeited and you will not see it again.

(1) As soon as the bond has been executed, the person for whose appearance it has been executed shall be released; and, when he is in jail, the Court admitting him to bail shall issue an order of release to the officer in charge of the Jail, and such officer on receipt of the order shall release him.

Once you sign the contract, there is not a way to get out of it, even if it is ruining you financially or you tried to get the defendant to their court dates to the best of your abilities. The only way to be removed from a bail bond contract is if the bail bondsman cancels it for you.

Court bonds cannot be cancelled by the principal or the surety. The court has required the bond, and only the court is able to cancel the bond by issuing a release stating the bond is no longer needed.

To post a property bond you would need to contact a real estate attorney to execute a Deed of Trust on that property. You may hire a bonding company to post a secured bond. They will charge you a fee--no more than 15% of the total bond--and then be responsible for the full bond.

A Release of Lien Surety Bond is a form of financial security which can be used to remove a lien from a property. The release of lien surety bond actually replaces the property as the source of security for the lien so that the property may be sold.

The obligee has to provide the final sign-off. Court bonds cannot be cancelled by the principal or the surety. The court has required the bond, and only the court is able to cancel the bond by issuing a release stating the bond is no longer needed.

If you are able to remove yourself from the bail bond, then you should know that in nearly every situation you will not get the bail bond fee returned. The purpose of revoking your name from a bail bond should not be to get your fee money back.

Discharging bond is a delivery bond that permits a defendant to regain possession of the attached property. It also releases the property from the lien of attachment. It is also termed as dissolution bond.

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Franklin Ohio Notice of Satisfaction of Bail Bond Lien on Real Estate

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