Tips – Bail bond

Tips Pay attention to the basic rules for insurance: choose an insurance broker who specializes in this field and check if it is registered. This professional knows all the details of the process and will accompany you to the final solution; ask your broker to introduce you to various insurers. Research and inquire about the chosen insurer; a good […]

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Bond agreement

Guarantee agreement The guarantee agreement, in which third party, usually free of charge, assumes responsibility for the fulfillment of the obligations assumed by the secured in another legal business, is widely used among us, mainly in leasing and banking contracts. If the parties do not agree otherwise, the guarantor is to enjoy the benefit of […]

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Type of coverage – Surety bond

Which are are the guarantees of local bond insurance? This insurance has  basic and additional coverage. The first is mandatory against the risk of the tenant not paying the rent, also guaranteeing late fees (limited to a percentage of the rent), legal costs and attorney’s fees. But, attention: the insurer is only responsible for the judicial and extrajudicial expenses when notified in advance […]

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Buying – Surety bond

Which are are the conditions to hire locative bail insurance? The person who hires the insurance is the owner of the property (lessor / insured). The tenant represents the risk to be guaranteed, and it is the responsibility of the tenant to pay the insurance. Each insurer has its own risk assessment criteria. In common, all take into account two […]

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The bail in the contracts of rent

The biggest concern that arises when renting a property is to present a guarantor. Ask someone to ensure payment of their obligation, in case of default, causes discomfort between relatives or friends. The conditions are very unfavorable to the guarantor, who has no advantage but responds with his personal patrimony for the obligation of another, including his […]

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