An Oregon Indemnity to Sheriff Bond is a type of court bond. Court bonds are a type of surety bond that is used when pursuing action within a court of law.
When is an Oregon Indemnity to Sheriff Bond needed?
When a judgement requires that specific real or personal property of the judgment debtor be sold or delivered, a court administrator issues a writ of execution. A writ of execution is a judgment order in need of enforcement. If a writ of execution is ordered, it often falls to local sheriffs to collect funds in order to satisfy the court ruling.
Who needs to get the bond?
As a condition of levying on personal property under a writ of execution, a sheriff may require that the judgment creditor file a bond. The Indemnity to Sheriff Bond protects law enforcement officers from being sued for seizing property legally. It helps them do their job lawfully and correctly.
What is the bond amount?
The amount for an Oregon Indemnity to Sheriff bond will vary depending on the case. According to the Oregon Rules of Civil Procedure, unless a lesser amount is deemed satisfactory by the sheriff, the amount of the bond should be double the amount of the estimated value of the property to be seized.
Where can I get an Oregon Indemnity to Sheriff Bond?
Surety1 offers an easy to navigate, online application form. After the application is submitted, one of our agents will contact you with a no-obligation quote for the bond premium. Then, when you are ready to proceed, we will collect the premium payment and have you sign the agreement. Your Oregon Indemnity to Sheriff Bond will be sent to you by USPS Priority Mail. Overnight is available for an additional fee.
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