SUBDIVISION BOND

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 $250,000

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© Copyright 2018 JR Olsen Bonds & Insurance, Inc. | Broker/Agent Lic. # 0680914 | 7407 Topanga Canyon Blvd. Canoga Park, CA 91303 | (818) 227-2620

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