PROPERTY DEED 21 / 51
Indemnity Bond
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DEED 21 OF 51
SIMPLE LEGAL DEFINITION
Indemnity Bond
Contract by which one party promises to save another from loss caused by the promisor or another person.
Important Information
The definition above is presented as general informational content from the Property Deeds service material. Applicable requirements may depend on the transaction, property, parties, jurisdiction and circumstances. For transaction-specific legal advice, consult an appropriately qualified professional.