replevin bond

Definition of "replevin bond"
  1. A type of financial guarantee provided by a claimant in a replevin case. This guarantee is meant to compensate the opponent or the official who seizes the property and gives it to the claimant, should the claimant's case not be successful
How to use "replevin bond" in a sentence
  1. The claimant had to secure a replevin bond before the court permitted the seizure of the disputed property.
  2. If the claimant loses the case, the defendant will be compensated through the replevin bond.
  3. The court officer demanded a replevin bond from the claimant to cover potential losses during the property transfer.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z