Any property that is going to be used to secure a bail bond agreement must have substantial and verifiable value. The property must be owned free and clear with no financial liens or title holds of any kind. The value must be at least one and a half times the total value of the bail bond being processed. If the defendant would skip bail causing their bond to be forfeited, the property would be sold to pay off the bail bond. The co-signer would receive any funds that were left over from the sale and closing out the bail bond contract.
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