District Of Columbia — Foreclosure Bond
Applying for a District of Columbia foreclosure bond? Have the foreclosure bond request and your role in the proceeding ready, then use Purchase Now to apply through Propeller.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- District of Columbia
- Bond type
- Foreclosure / Trustee Bond
- Category
- Court, probate & fiduciary
What this bond does
A foreclosure bond provides security for the obligation described in the requested instrument. Read that obligation alongside the foreclosure paperwork so you apply for the security requested in your matter.
- Who needs it
- The person named in the D.C. foreclosure bond request. Check whether you are applying as the person conducting a sale or in another stated capacity; owning or buying the property alone does not identify the bond applicant.
- Who it protects
- Use the requested bond form to identify the obligee and the parties whose interests it secures. The property owner, lender, purchaser and person conducting the sale have different roles and should not be substituted for one another.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
Have these ready
- The foreclosure bond request and any required blank form.
- Your legal name and the capacity in which you are asked to give the bond.
- The property description, proceeding reference and court order, if applicable.
- The named obligee, requested amount and effective period.
- After issuance: check names and conditions, complete any required execution, and deliver or file the bond as instructed.
Questions about this bond
Is this the same as a right of redemption bond?
Do not select it on that assumption. This is the D.C. Foreclosure Bond application. Match it to your foreclosure request; Alabama’s financed-resale redemption arrangement does not establish what this bond covers.
Should the property buyer be the applicant?
Only if the bond request names the buyer in that capacity. Use the person and role stated in the request, rather than choosing an applicant from the property deed alone.
Where do I find the bond amount and term?
Use the bond request or applicable order. This page does not list fixed amount or term choices, and the product name does not establish a required sum or duration.
What happens after Purchase Now?
Propeller’s application opens in a new tab. Review the requested form and applicant details there. After issuance, follow the execution and delivery instructions for your matter; an application or payment is not court acceptance.