What is a Bail Bond Agreement?

What is a Bail Bond Agreement?

 

The Bail Bond Agreement is the contract that exists between the indemnitor(s) and the bail agent. The agreement generally includes the following: the name and contact information of the indemnitor, the date the bail bond was executed, the bond amount, the criminal charge(s), and the court in which the defendant is required to appear in court.  Upon signing this agreement, the indemnitor is assuming the responsibility for ensuring that the defendant appears for all of his or her court appearances. The agreement also states, that if the defendant fails to comply with the conditions of the bail bond, the collateral placed as security for the bond may be seized by the bail bond agency in order to pay the bail amount to the court in the event of forfeiture. The signature of the indemnitor is required to make this agreement binding.

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