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This bond is required by the court and is issued to protect the defendant against an improper, frivolous, or bad faith filing.
These bonds are typically ordered by the court. As such, if a bond isn’t provided by the necessary time then the Lis Pendens will typically be expired, withdrawn, and discharged by the court.
The surety will charge premium annually on this bond for as long as it’s in force. So, it’s in the best interest of the principal to show the Lis Pendens has been discharged by the court prior to bond renewal date. As a side note, in most states, a Lis Pendens will typically stay in effect for one year unless action or relief has been sought and an extension granted by the court.
Contact The ProSure Group. As surety bond experts in business since 1993 in Florida, The ProSure Group has issued hundreds of Lis Pendens Bonds and has partnerships with more than 30 different surety companies. This ensures that we get you the best, most competitive pricing and terms available in the marketplace. You just need to complete our simple application and one of our specialists will quickly contact you.
What you will need to submit to obtain your bond: