What Is a Property Bond?
A plain-language look at 'what is a property bond' for loved ones dealing with an arrest in California.
Overview
A property bond uses real estate as security for bail instead of cash or a commercial bond. The property is pledged to the court, which may place a lien on it.
How It Works
Courts have rules about the value and ownership of the property and the paperwork involved. The process generally takes longer than posting cash or a bond.
What Families Should Do
Because a home can be at stake, talk to an attorney before pledging property.
What to Have Ready Before You Call
Gather what you can from this list before you call:
- The jail or station where the person is held
- The charges, if known
- Your own name and phone number
- The person's full legal name and date of birth
- The booking number, if you have it
Bail Bonds Monterey Park Experts in Monterey Park
Bail Bonds Monterey Park Experts is based at 220 S. Glendora Ave Suite J, Glendora, CA 91741 and takes calls at (626) 513-8778 (open 24 hours / 7 days). For what is a property bond?, an agent can explain how bonds work in Los Angeles County, where people are held after an arrest by Monterey Park Police Department, such as Men's Central Jail, and which courthouse, for example Alhambra Courthouse (serving Monterey Park), hears the case.
Before You Decide
If you are unsure about a term in a bail agreement, ask before you sign and ask for the answer in writing. You are entitled to a copy of everything you sign. Take the time you need to read it.
Can any property be used?
No. The court has requirements. Check with the court clerk what applies.