Open Penalty Bond
A surety bond written without a limit on the liability of the principal or surety. Under the regulations of the federal government and the laws of many of the states, surety companies are not permitted to obligate themselves on any one bond for an amount greater than a specified percentage of their capital and surplus (qualifying power).
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,...
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