The value in the property may need to be twice as high as the bail amount. This means that property equity of twice the bail amount needs to be held free and clear by the owners. In some instances, a court appointed appraiser will assess the property value. Other jurisdictions may accept the certified tax assessor's statement of property value. All owners of the property listed on the warranty deed or tax statement must sign in agreement to use their property as bail security.
Several states prohibit the use of the arrested individual's property in a release bond.
The court secures a lien against the property for the bail amount. In the event the person fails to appear for court proceedings, foreclosure action may be taken against the property. This allows the court to collect on the outstanding bail amount. For additional information as to whether property bonds can be posted in your area, consult an attorney or court officer. Inc. All rights reserved.