(844) 589-9732

Ohio Replevin Bond

October 20, 2020

The Ohio replevin bond is required of a Plaintiff who wishes to seize the property of a Defendant, pre-judgment, in a civil litigation proceeding. AmeriPro Surety Bonds offers you this bond in whatever amount required, and up to $100,000 we also do so without a credit check inquiry. Please call us at:  844-589-9732.

Ohio Replevin Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond; Purpose

 

 

 

An action of replevin occurs in a civil litigation proceeding where, by order of the presiding court, a Plaintiff is permitted to seize and take possession of the disputed property of the Defendant before a judgment is given in the underlying case.

As a condition of obtaining the order of replevin (also referred to as a writ of attachment), the Plaintiff must obtain a surety bond in an amount that the court directs.

While the surety bond is required of the Plaintiff, the potential benefit is for the adverse party (that is, the Defendant) in case the court subsequently determines that the action of replevin was wrongly issued. In such a determination, the Defendant would be potentially compensated for the loss and harm cause by the issuance of the (later determined) wrongly issued action of replevin.

 

 

 

Amount of the Replevin Bond

 

 

 

In Ohio, according to the Ohio Revised Code, 2737.10, as amended, the amount of the replevin surety bond should be approximately twice the value of the property to be seized.

 

 

 

Qualifying and the Premium

 

 

 

Our agency offers you the Ohio replevin bond in the amount required by the court.

  • Applicants who require a surety bond amount up to and including a $100,000 amount will be approved without a credit check inquiry;
  • Applicants who require a surety bond greater than $100,000 are approved after a review of the application and a credit check inquiry by a surety bond underwriter. The review is subject to demonstration of good credit, and, if required supporting documentation.

Regardless of the amount of your replevin, issuing it is easy and straightforward. Our agency will need the following from you:

  • A copy of the court order or minutes that states the replevin surety bond requirement. This order provides our agency with the information to be included for an acceptable surety bond;
  • Completion of a surety bond application which can be sent to you via DocuSign to facilitate completion;
  • Review of the application subject to the amounts listed above;
  • Payment of at least the first annual premium.

Once our agency has received the first annual premium payment, we issue your replevin bond to you immediately. Included with your bond will be a Power of Attorney form.

You’ll sign your bond as Principal (or, for legal counsel, your client) and file it with the appropriate court.

 

 

 

Annual Renewal of the Premium

 

 

 

The premium associated with your Ohio replevin bond renews annually on the anniversary of its issuance for as long as the court requires surety bond.

We ask you to prepare to pay the premium at least twice: Once, when the replevin bond is first issued; a second time one year later.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, Court, probate, and other surety bonds in Ohio and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out our contact form below and a Surety Agent will call you...

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