An Explanation of the 7 Types of Bail Bonds

Bail bonds are not created equal. There are 7 types of bail bonds are available to defendants in this Florida. The seven different types of bail are:

• Surety Bonds
• Property Bonds
• Citation Release
• Recognizance Release
• Cash Bail
• Federal Bail Bonds
• Immigration Bail Bonds

Each is different and has various requirements that the defendant must meet. What are they?

Surety Bonds

A surety bond is your most standard form of bail bond. A bail bond company almost always will offer a surety bond. It will cost the defendant 10% of the total bail amount

Many defendants select surety bonds as their preferred bail bond type. Surety bonds are used when bond is set at a value exceeding a person’s budget. As a result, most people turn to a bail bonds company to purchase a surety bond.

The process of acquiring a surety bond from BailOption is usually as follows:

• Police arrest you. 
• A judge sets your bail amount during a hearing regarding your crime
• Next, you contact The BailOption.
• A BailOption representative will inform you fo your obligations.
• BailOption pays your bail after you provide us with collateral or our 10% fee.
• Then you’re free to go about your business. But make sure you meet all your court dates and appointments. 

Property Bonds

A property bond is when property is used as collateral.

*Property bonds are not legal or accepted in every single state in the United States of America.

For property bonds, the full rights of any property must be used (no partials). The most commonly accepted type of property bond uses real estate as collateral. Still, it is not the only acceptable type of property for these bonds.

However, there is a downside to a Property Bond. It can take weeks for all the inspections and paperwork to go through.

Citation Release

A citation release occurs when the defendant was given a citation and is never taken into custody. However, this type of discharge is up to the discretion of the citing officer.

Recognizance Release

A recognizance release is probably the second most agreeable type of bond. A recognizance release means the defendant also does not have to pay a dime upfront to be released.

Like citation releases, recognizance releases are up to the arresting officer’s discretion. The primary difference is that the defendant may have to fight for freedom in a court of law.

Cash Bail

This is probably the most accessible type of bail to explain. Cash bail is precisely what it sounds like: a bail bond paid in full with cash. If you (the defendant) have the extra scratch, then this is, by far, the best option available to you. The reason is that your trial has ended once you appear for all your court dates and appointments. The court will return you the entire cost of the bond. So with cash bail, you don’t lose any money (long term)!

Federal Bail Bonds

These are pretty self-explanatory. Federal bail bonds are just that: bail bonds for federal offenses. Unfortunately, these are often very expensive and difficult to obtain. Feel free to consult the federal bail bond specialists at BailOption. 

Immigration Bail Bonds

Another distinct type of bond is an immigration bail bond. Immigration bail bonds only exist for offenses committed by individuals who are not US citizens.

Immigration bail bonds have very, very strict requirements. As a result, they also can often take a long period to complete. Never attempt to handle immigration bail bonds on your own. The agents at BailOption can help 

Have You Been Arrested Or Have Questions About Federal And State Bail Bonds?