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Everything You Need to Know About Surety Bonds

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Developers Surety News

Key Components to the Commitment Letter

Key Components to the Commitment Letter

A commitment letter for a developer bond facility is a 10 page document. There are many parts to this terms letter all of which are important to know however there are five main components which have the biggest impact on your bottom line. We have decided...

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Tarion Bonds for Condominium Projects

Tarion Bonds for Condominium Projects

In Ontario, legislation requires developers to provide financial security for the development of condominiums. Over the past 20 years, surety companies have stepped in to provide different products to guarantee these security obligations.   Tarion Warranty...

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What is Developer Surety?

What is Developer Surety?

Developer surety as you would expect includes surety bond products which are exclusively used by developers mainly for residential projects but also for commercial projects. Developer Surety bonds satisfy provincial legislation by providing...

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Additional Surety Resources

Surety Bonds for Estate Administrators

Surety Bonds for Estate Administrators

When it comes to complicated estates in Ontario, the courts may request a “Surety Bond for Estate Executors” before they can issue a certificate of appointment of estate trustee commonly known as “Probate”. If the courts require an Estate Administrator Bond, you are...

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Customs and Excise Bonds

Customs and Excise Bonds

What are Customs Bonds? Customs Bonds are required by the federal government to guarantee payment of various duties, tariffs and taxes. The most commonly used customs bonds are: Release of Goods Bond Non-Resident GST Bond Customs Brokers...

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What are Estate Bonds?

What are Estate Bonds?

Estate bonds are required by the court in order to guarantee the honest accounting and faithful performance of duties by a fiduciary or executor and to administer the estates of deceased persons, incompetent persons, and minors for whom they are duty-bound...

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Cross Border Surety Bonds

Cross Border Surety Bonds

As a result of mass internet access and the growth of trustworthy multi-national banking institutions, Canadian contractors are more likely than ever to consider accepting projects across the border and into the United States. Bonding in the...

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Contact FCA Surety

Please do hesitate to reach out with questions or for a free second opinion.

surety@fcainsurance.com

1-844-241-5656

1867 Yonge St., Suite 300, Toronto, ON, M4S 1Y5

M-F: 8am-5pm, S-S: Closed

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