An arrangement by written agreement between a fiduciary and a surety, acknowledged by the bank in which funds are deposited or securities lodged so that the funds or securities are controlled by both parties; usually all checks are required to be signed by the fiduciary and countersigned by an authorized representative of the surety and access to the securities can be had only in the presence of an authorized representative of the surety.
Home | Glossary Terms | Joint Control
Joint Control
Surety Bond Resources
A mortgage notary plays a vital role in real estate transactions, ensuring the legitimacy of documents and protecting all parties...
When becoming a notary public in Texas, securing a surety bond is a crucial step to protect yourself and your...
A real estate notary plays a vital role in ensuring the legality and authenticity of real estate transactions. In Texas,...
Questions?
Leo semper aliquet conubia nam aenean non iaculis egestas condimentum cursus nascetur, dignissim at imperdiet maecenas dapibus convallis tempus aliquam primis tincidunt faucibus, ultrices potenti quis mattis.