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How is Property bond defined in a legal contract?

• Property bond means a bail bond executed for remuneration. Seen in 4 SEC filings
• Property bond means a financial assurance approved by the court, secured by assets alike real or personal property that assure the defendant will appear in court as ordered. Seen in 3 SEC filings
• Property bond means a bail bond executed for compensation, the security for which is tangible assets like real property or other assets. Seen in 1 SEC filing
• Property bond means a legally approved financial guarantee. Seen in 1 SEC filing

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Property bond means a legally approved bail bond executed for compensation, secured by tangible assets.

Relevant Contract Type

• Bail Bond Agreement
• Property Mortgage

Relevant Circumstances

• When an individual is released from custody on giving a bail bond.
• In obtaining a loan with real estate as collateral.

Relevant Sectors

• Legal
• Real Estate

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Genie Definition 2

• Property bond means a financial assurance secured by assets, guaranteeing the defendant's court appearance.

Relevant Contract Type

• Bail Bond Agreement
• Surety Agreement

Relevant Circumstances

• When an individual is required to attend court and wants to ensure their compliance.
• When an individual is seeking to provide a guarantee for a specific obligation.

Relevant Sectors

• Legal
• Finance

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