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Subdivision Maintenance Bond: A warranty bond (also known as a warranty bond) guarantees for the public entity where the improvements were performed, that the developer, builder, or individual(s) will solve all maintenance issues during the specified maintenance period, which is usually 1 year from completion/acceptance of the improvement. The maintenance period could be longer depending on the terms of the subdivision agreement. If developer, builder, or individual(s) is unable to solve the maintenance issue or is not in business during the specified maintenance period, maintenance bond provides the public entity where the improvements were performed with a remedy through the surety to fix the maintenance issues.

When requesting a subdivision maintenance bond on an account that has already been previously submitted to the surety, among the most important information that needs to be provided to the surety are the following information:

If the maintenance bond is the first bond being requested on behalf of a new developer and/or the size of the warranty bond exceeds $100,000, the following information might be requested by the surety.