surety bond

What is a surety bond in architecture?  Many people ask this question because most of them don’t understand what a surety bond for architecture is. A surety bond in architecture is an important document that holds architects accountable to their clients and helps protect consumers from fraud and unethical business practices. Let’s take a closer […]

Why would you need a surety bond for a motorcycle purchase? There are several reasons why you might need a surety bond for motorcycle purchase or an M-2 title bond. Perhaps the biggest reason is that it’s required by law. The Maryland Vehicle Law states that ” A […] dealer may not sell any vehicle

Why do I need a surety bond for an estate? If you are an executor of a will, and the estate is more than $25,000.00 in value, then there may be a requirement to place a surety bond on your estate. A surety bond gives the courts additional protection against fraud or dishonesty by either

Why would you use a surety bond?  This is a question asked by construction owners, contractors, subcontractors, and anyone who wants to be involved in building public works projects. The answer isn’t simple but here are the basics of why surety bonds are prevalent in public works contracting, both federally funded or non federally funded

What is the purpose of a surety bond? Construction owners, contractors, subcontractors, and anybody interested in working on public works projects all have this question. The answer isn’t straightforward, but here are the fundamentals of why surety bonds are so common in public works contracting, whether federally sponsored or not. Contracts for public works projects

What is the purpose of a surety bond? One common motivation is to fulfill a contractual obligation, but there are other reasons as well. Many professionals who engage with large corporations or government agencies require a financial guarantee surety bond since these entities frequently require it before entering into a contract. The company needs your