Surety bond, License bond, Completion Bond Commercial & Residential Real Estate Completion Bonds - The Bond Agency

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Real Estate Developers

Real Estate Developers Subdivision Completion Bonds.

For Commercial and Residential Developments... instead of Letters of Credit.

Real estate developers are required to post security to guarantee completion of subdivision improvements such as streets, roads, curbs, utilities, landscaping and drainage.

Through The Bond Agency qualified developers can obtain Subdivision Completion bonds to meet their security requirements. Bonds can often be obtained for the same price as Bank Letters of Credit, which frees up bank lines and borrowing capacity.

To apply for a subdivision bond, please Click Here to open and download the subdivision bond application.

Please fax / mail the following additional underwriting information for subdivision bonds:

  1. Two Years Corporate financial statements for the parent development company (or any affiliated companies controlled by the equity owners of the development entity).
  2. Personal Financial statement of the individual owners or partners of the development entity.
  3. Reduced copy of the approved subdivision engineering or plot plan.
  4. Sales / Marketing Brochures describing development, economic projections (i.e. land acquisition and hard costs, soft costs, number of lots, sales price, etc) financing commitment letters from Bank.
  5. Worksheets / Estimates from the Municipality or County showing the required amount of the bond or security.
  6. Contractor Cost Estimates for the work subject to the bond.
  7. Any Agreement with the County or Municipality controlling the development, stipulating requirements or defining the bond requirements.

Apply Now

For Contractors - To obtain a contract bond or bond line start here. We'll do a quick review and let you know what additional information we will need. Click Here to apply or Click Here to learn more about Contract Bonds.

Pay My Bill

For Businesses & Individuals - To obtain a license, permit or misc. bond start here. We'll do a quick review and let you know what additional information we will need. POOR CREDIT IS NO PROBLEM! Click here to apply.

What is Surety Bond

For Businesses - To help you obtain the fidelity bond you need start here. We'll do a quick review and let you know if we can write your bond, the approximate rate, and what additional information we will need. Click here to apply.

Poor Credit? No Problem!

For Agents & Brokers - The Bond Agency offers its bond markets and expertise to Agents and Brokers.  We can help you place bonds for your contractor and business clients.  Click Here to access our Agents and Brokers page.