A Release of Lien Surety Bond releases a lien that has been filed with a public trustee against an estate for an amount claimed for labor and materials furnished for the construction of a building or improvements. Pending final determination of the owner’s liability, the owner may release the lien by posting a bond for payment of any amount that may be found due to the individual filing the lien.
The Surety Group offers discounted programs and works with businesses with credit challenges because we have access to credit from over 30 sureties. With our easy, one-page application and same-day approval, you can have your Release of Lien Bond tomorrow.
Apply now. You can also download and fax your application.
If you are unsure about the requirements or how to apply for a bond, please call us at 800-486-8211.
A release of lien is an agreement between a lender and a borrower under which the lender (lien holder) releases the mortgaged asset or property, although the debt obligation remains in force oncethe lien is paid.