Mechanics Lien Release Court Bond
A Mechanics Lien Release Surety Bond is a surety bond required of owners in certain construction projects. A lien is typically filed by a contractor on the owner’s property when they are in dispute with the owner over payment for services provided. The lien is a means by which the contractor seeks to take the property of the owner by force of law and eventually foreclose it in order to secure the value of the services or materials that they have added to the property. The release of lien bond allows the owner to discharge the mechanic’s lien and returns the legal right to sell or deal with the property to the owner. The bond guarantees the contractor who placed the lien any payment that is still due to them with interest and cost should they win the case. These are also known as Release of Lien surety bonds.
Completing our application allows the underwriters at our office to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond and get the process going immediately!
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We know the requirements for Court Bonds and are happy to answer any questions you may have. Feel free to call us at 888.681.7685, email us directly at [email protected], or fill out the form below and we’ll get right back to you! We look forward to the opportunity to earn your business!