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District of Columbia bonds

District Of Columbia — Trustees, Mortgagees, Attorneys, Or Foreclosure Bond

Use this District of Columbia trustees, mortgagees, attorneys, or foreclosure bond application when it matches your written bond request. Purchase Now takes you to RLI; have the named applicant’s role and requested security ready.

Also known as District of Columbia Trustees, Mortgagees, Attorneys, Or Foreclosure Bonds

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Recorded state
District of Columbia
Bond type
Foreclosure / Trustee Bond
Category
Court, probate & fiduciary

What this bond does

The requested bond secures the duties or obligation stated in its conditions. A trustee’s responsibility for a court-supervised trust is different from a mortgagee’s or attorney’s role in a foreclosure, so start with the capacity named in your paperwork.

Who needs it
The trustee, mortgagee, attorney or other person specifically asked to give this bond in a D.C. matter. The combined product name does not mean every person in those professions needs the same security.
Who it protects
The requested instrument identifies the obligee and protected interests. For a court-appointed fiduciary in a supervised trust estate, Civil Rule 303 describes security for faithful performance of the trust. That rule does not establish the conditions for every foreclosure offering.

Your bond option

This is the option on record for this bond.

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.

Use the capacity named in the bond paperwork

If your request concerns a court-supervised trust estate, keep the appointment order available. Rule 303 addresses fiduciary undertakings and an additional undertaking the court may require when trust real estate is sold. Those provisions should not be treated as a universal amount or requirement for mortgagees and attorneys.

This page has one RLI application and no preset amount or term choices. Use the amount and period in your request. The separate Propeller D.C. Foreclosure Bond has its own application; a similar title does not establish that the forms are interchangeable.

Sources

Have these ready

  1. The bond request, required form and any appointment or sale order.
  2. The applicant’s exact legal name and stated capacity, including any co-applicants named in the request.
  3. The court and case number or other matter reference, plus property details if a sale is involved.
  4. The named obligee, requested bond amount and effective period.
  5. After issuance: follow the required execution and submission steps, and obtain any required court approval.

Questions about this bond

Does being an attorney or mortgagee automatically make me the applicant?

No. Use the person and capacity named in the bond request. An attorney handling a matter for a client should not replace that client as principal unless the request calls for the attorney’s own bond.

Does Rule 303 cover every foreclosure bond?

Rule 303’s fiduciary provision concerns trust estates under court supervision. Use the actual foreclosure request to establish the obligation for your matter instead of importing trust-estate conditions.

Can I choose a fixed amount or term here?

There is one application route with no fixed amount or term listed. Have the requested amount and duration ready to enter or discuss in RLI’s application.

Does applying complete court approval?

No. Purchase Now opens RLI in a new tab to begin the application. Issuance, execution and any required submission or court approval are separate steps.

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