Court / Judicial
Replevin Bond
A replevin bond is posted by a plaintiff who asks the court to seize property from a defendant before the case is decided.
- Required by
- State courts
- Bond amount
- Set by whoever requires the bond. We confirm it.
What this bond guarantees
Required to ensure one is protected from financial loss due to the decision of the proceeding. The bond protects the defendant: if the plaintiff loses, the surety pays the costs and damages the defendant suffered from the wrongful seizure. Defendants can sometimes post their own bond to get the property back.
Who needs it
- Lenders and lessors repossessing collateral through the courts
- Businesses recovering equipment or inventory
- Individuals suing to recover specific personal property
What the underwriter looks at
- Value of the property
- Plaintiff's financial strength
- Strength of the claim
Requirements vary by state and by who asks for the bond. Send us the request you received and we will confirm exactly what it calls for.
Common questions
What is this called in Alabama?
Alabama calls the action detinue. The plaintiff files a detinue bond (court form C-89) payable to the defendant, covering costs and damages if the plaintiff loses.
How much is the bond in Florida?
Florida section 78.068 requires twice the value of the goods or twice the balance owed, whichever the court finds lesser.