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  2. Legal guardian - Wikipedia

    en.wikipedia.org/wiki/Legal_guardian

    A guardian is a fiduciary and is held to a very high standard of care in exercising their powers. If the ward owns substantial property, then the guardian may be required to give a surety bond to protect the ward in case dishonesty or incompetence on their part causes financial loss to the ward.

  3. Surety - Wikipedia

    en.wikipedia.org/wiki/Surety

    A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...

  4. Bail in the United States - Wikipedia

    en.wikipedia.org/wiki/Bail_in_the_United_States

    The court in many jurisdictions, especially states that as of 2012 prohibited surety bail bondsmen – Oregon, Nebraska, Wisconsin, Illinois, Kentucky and Maine [29] – may demand a certain amount of the total bail (typically 10%) be given to the court, which is known as surety on the bond and unlike with bail bondsmen, is returned if the ...

  5. Here’s a look at how the Guardianship Program sells real ...

    www.aol.com/news/look-guardianship-program-sells...

    Express Homes sold the Kendale Lakes home on Southwest 138th Place for $695,000 in the summer of 2022 after renovations. It had purchased the property from the Guardianship Program for $430,000 in ...

  6. Fiduciary - Wikipedia

    en.wikipedia.org/wiki/Fiduciary

    A fiduciary, such as the administrator, executor or guardian of an estate, may be legally required to file with a probate court or judge a surety bond, called a fiduciary bond or probate bond, to guarantee faithful performance of his duties. [75]

  7. Feds indict son of ex-Ecuadorian official convicted of money ...

    www.aol.com/son-ex-ecuadorian-official-convicted...

    At his first appearance in Miami federal court, he was granted a $14 million personal surety bond secured with his family’s assets. Polit, who also had to make a $100,000 deposit as part of the ...

  8. Recognizance - Wikipedia

    en.wikipedia.org/wiki/Recognizance

    It is an obligation of record, entered into before a court or magistrate duly authorized, whereby the party bound acknowledges (recognizes) that they owe a personal debt to the state. A recognizance is subject to a " defeasance "; that is, the obligation will be avoided if person bound does some particular act, such as appearing in court on a ...

  9. Marriage bond - Wikipedia

    en.wikipedia.org/wiki/Marriage_bond

    1836 marriage bond of Edgar Allan Poe and Virginia Eliza Clemm Poe. A marriage bond was a type of surety bond guaranteeing that two people were legally available to marry each other, free of complications like being legally underage, [1] having too close a genetic relationship, [1] having other extant marriages, etc. [2] A marriage bond is legally distinct from a marriage license or a marriage ...

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