Subdivision, Maintenance & Grading Bonds
SUBDIVISION BOND OVERVIEW:
A Subdivision Bond guarantees that builders, developers, and individual landowners complete improvements made to a subdivision property. This bond, required by local authorities, usually guarantees that the improvements will be made at the expense of the developer and principal of the bond.
Public Works Bond rates start at 1% or higher based on credit and financial strength
Minimum premium of $250
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