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

When requesting a subdivision warranty 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 warranty 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.