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Name: Fillable Online Security Bond Agreement for Development Fax Email Print - pdfFiller
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This document is an agreement between a developer, contractor, and the City of Raleigh regarding the posting of security to ensure the permanent stabilization of disturbed areas related to a development project. It outlines the obligations of the developer and contractor, the nature of the security to be posted, and the conditions under which the City can call upon that security. The document also includes clauses regarding non-discrimination and compliance with certain laws.

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What is contract for security bond?

A contract for security bond is a legal agreement that provides assurance or guarantee for the fulfillment of an obligation, typically involving financial transactions or commitments.

Who is required to file contract for security bond?

Entities or individuals who are required to secure a financial obligation, such as contractors, service providers, or businesses involved in projects that require performance or payment security.

How to fill out contract for security bond?

To fill out a contract for security bond, one must provide relevant details including the bond amount, the parties involved, the purpose of the bond, and any specific conditions or terms associated with the bond.

What is the purpose of contract for security bond?

The purpose of a contract for security bond is to protect against financial loss or liability by ensuring that the obligations will be fulfilled, providing a safety net for the party to whom the bond is issued.

What information must be reported on contract for security bond?

Information that must be reported includes the names and addresses of the principal and the obligee, the bond amount, the terms of the agreement, and any stipulations regarding the execution of the bond.

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