Get the free Surety Bond Affidavit - Oregon.gov - oregon

OREGON STATE ATHLETIC COMMISSION 4190 LOUISVILLE HWY SE SALEM, OR 97317 Phone (503) 378-8739 Fax (503) 378-2530) Surety Bond Affidavit STATE OF: BOND NUMBER: COUNTY OF: AMOUNT OF BOND: Surety bond

How to fill out surety bond affidavit

How to fill out surety bond affidavit:

1. Start by obtaining the necessary forms. You can typically obtain a surety bond affidavit from the entity or organization requiring it. This might be a government agency, a court, or a private company.
2. Carefully read through the instructions on the affidavit form. Make sure you understand all the requirements and any specific information or documentation that needs to be provided.
3. Begin by filling out your personal information. This will typically include your full name, address, phone number, and other contact details. You may also need to provide your Social Security number or other identification information.
4. Next, provide information about the surety bond itself. This may include details such as the bond amount, the effective date, and the expiration date. Make sure to enter all the necessary information accurately.
5. Some surety bond affidavits may require additional information specific to your situation or the purpose of the bond. For example, if it is a contractor's bond, you may need to include your contractor license number or information about your business.
6. If required, provide any supporting documentation or attachments as specified in the instructions. This could include copies of licenses, permits, or other legal documents.
7. Review the completed affidavit to ensure all information is accurate and complete. Double-check addresses, names, and any other particulars. Any mistakes or missing information could lead to delays in the approval process or even rejection of the bond.
8. Sign and date the surety bond affidavit. Some forms may require additional signatures, such as a notarization. Follow the instructions carefully to ensure your affidavit is properly executed.

Who needs a surety bond affidavit:

1. Businesses or individuals involved in industries that require licensing or registration often need a surety bond affidavit. For example, contractors, auto dealers, mortgage brokers, and insurance agents may need to provide a surety bond to guarantee their performance or compliance.
2. Many government agencies, such as for construction projects or public contracts, require surety bond affidavits. This is to protect the interests of the general public and ensure that contractors fulfill their obligations.
3. Courts may require a surety bond affidavit in certain cases, such as probate or guardianship matters. This helps ensure that the appointed individuals fulfill their duties and handle any monetary assets responsibly.

In conclusion, filling out a surety bond affidavit involves carefully following the provided instructions and accurately providing all required information. It is typically required by businesses or individuals in licensed industries or involved in specific legal matters.

For pdfFiller’s FAQs

What is surety bond affidavit?

Surety bond affidavit is a legal document that guarantees a principal will fulfill their obligations to a third party, backed by a surety company.

Who is required to file surety bond affidavit?

Individuals or entities who are required to provide a surety bond as part of a legal or contractual agreement are required to file a surety bond affidavit.

How to fill out surety bond affidavit?

To fill out a surety bond affidavit, one must provide detailed information about the principal, obligee, surety company, and the terms of the bond agreement.

What is the purpose of surety bond affidavit?

The purpose of a surety bond affidavit is to ensure that the principal will fulfill their obligations to the obligee, with the backing of a surety company.

What information must be reported on surety bond affidavit?

Information such as the names and contact details of the principal, obligee, and surety company, the terms of the bond agreement, and any additional conditions must be reported on a surety bond affidavit.

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