surety definition legal - EAS

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  1. Law Dictionary – Alternative Legal Definition. A surety is one who at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act In favor of a third person, or hypothecates property as security therefor.
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  2. Mọi người cũng hỏi
    What is Surety Law?
    Convenient, Affordable Legal Help - Because We Care! Surety Law and Legal Definition. A surety is a person obligated by a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so.
    definitions.uslegal.com/s/surety/
    What do you need to know about surety agreements?
    Most surety agreements require that a person looking to the surety (asking for payment) must first attempt to collect or obtain performance from the responsible person or entity. (See: guarantor, bond) Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill.
    legal-dictionary.thefreedictionary.com/surety
    What are the suretyship defenses?
    Usually, the party receiving the surety's performance will first try to collect or obtain performance from the debtor before trying to collect from the surety. A surety is often found, for example, when someone is required to post a bond to secure a promise. Contracts sometimes contain a waiver of suretyship defenses.
    definitions.uslegal.com/s/surety/
    What is a surety bond and how does it work?
    Essentially, a surety bond is a promise or contract to pay one party (the obligee or project owner) a certain amount if another party (the principal) fails to meet some obligation, such as satisfying the terms of a contract.
    legal-dictionary.thefreedictionary.com/surety
  3. Từ điển

    Tra cứu
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    surety
    [ˈʃʊərɪti, ˈʃɔːrɪti]
    DANH TỪ
    surety (danh từ) · sureties (danh từ số nhiều)
    1. a person who takes responsibility for another's performance of an undertaking, for example their appearing in court or paying a debt.
      "the rights of wives who act as sureties for their husband's debts"
      từ đồng nghĩa:
    2. the state of being sure or certain of something.
      "the surety of my impending fatherhood"
    GỐC
    Middle English (in the sense ‘something given to support an undertaking that someone will fulfil an obligation’): from Old French surte, from Latin securitas (see security).
  4. Surety legal definition of surety

    https://legal-dictionary.thefreedictionary.com/surety

    surety. a guarantor of another's obligation. Collins Dictionary of Law © W.J. Stewart, 2006. SURETY, contracts. A person who binds himself for the payment of a sum of money or for the performance of something else, for another, who is already bound for the same.

  5. Sureties legal definition of sureties

    https://legal-dictionary.thefreedictionary.com/sureties

    surety. a guarantor of another's obligation. Collins Dictionary of Law © W.J. Stewart, 2006. SURETY, contracts. A person who binds himself for the payment of a sum of money or for the performance of something else, for another, who is already bound for the same.

  6. Surety Law and Legal Definition | USLegal, Inc.

    https://definitions.uslegal.com/s/surety

    Surety Law and Legal Definition. A surety is a person obligated by a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so. Usually, the party receiving the surety's performance will first try to collect or obtain performance from the debtor before ...

  7. Surety Definition | Legal Meaning of Surety

    www.legal-explanations.com/surety

    12/02/2020 · February 12, 2020. (n) Surety is the person who guarantees certain performance by some person to another person where by accepting the responsibility for the due performance of the agreement for which he stood as surety. If the person responsible for the performance fail to accomplish his duty, the surety is responsible to compensate it.

  8. Definition of SURETY • Law Dictionary • TheLaw.com

    https://dictionary.thelaw.com/surety

    A surety di Legal definition for SURETY: contracts. A person who binds himself for the payment of a sum of money or for the performance of something else,

    • Thời gian đọc ước tính: 1 phút
    • Surety Definition

      https://www.investopedia.com/terms/s/surety.asp

      25/11/2003 · A surety is a person or party that takes responsibility for the debt, default or other financial responsibilities of another party. A surety is …

      • Nghề nghiệp: Vice President of Content
    • What is SURETY? definition of SURETY (Black's Law Dictionary)

      https://thelawdictionary.org/surety

      Definition of SURETY: A surety is one who at the request of another, and for the purpose or se- curing to him a benefit, becomes responsible for the performance by the latter The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.

    • Surety Definition & Meaning - Merriam-Webster

      https://www.merriam-webster.com/dictionary/surety

      Legal Definition of surety 1 : a formal engagement (as a pledge) given for the fulfillment of an undertaking 2 : one (as an accommodation party) who promises to answer for the debt or

    • Surety | Practical Law

      https://uk.practicallaw.thomsonreuters.com/4-202-2767

      Surety. A person who offers security for the payment of a debt or the performance of an obligation. A surety is often a third party to the main arrangement dealing with the debt or obligation, but the term may also apply to a borrower that has provided security, depending on the context. A surety may sometimes be referred to as a guarantor.

    • THE LEGAL BASICS OF SURETY BONDS

      https://suretyinfo.org/news_room/products/legal_basics.pdf · PDF tệp

      Most surety companies are subsidiaries or divisions of insurance companies, and both surety bonds and traditional insur-ance policies are risk-transfer mechanisms regulated by state insurance departments. Surety is designed to prevent a loss. The surety prequalifies the contractor based on financial strength and construc-

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