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What is a “property bond”? | Denver Criminal Defense Attorney

A “property bond” may only be obtained from a court.  If the court permits, a defendant may be allowed to deposit cash or other valuable property to be held by the clerk as a guarantee that the defendant will appear as required. Some jurisdictions allow property bonds guaranteed by a pledge of unencumbered equity in Colorado real estate. Equity of no less than 1-1/2 times the bail amount is required.  Other courts do not allow real estate to be used as a property bond.  Requirements and procedures for property bonds vary between jurisdictions.