Maintenance Bond Texas Details

Texas Maintenance Bond Form is a document that is filed by the property owner in order to ensure that all repairs and maintenance of the property are carried out as promised. The form must be completed and filed prior to any commencement of work on the property. A Texas Maintenance Bond Form is a simple way for the property owner to protect their investment, and can provide peace of mind during renovation or construction projects.

You will find info about the type of form you wish to complete in the table. It will show you the span of time you will need to complete texas maintenance bond, exactly what fields you will need to fill in and several other specific facts.

QuestionAnswer
Form NameTexas Maintenance Bond
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namescity of katy texas bond forms, city of houston department of public works one year maintenance bond form, municipal maintenance bond form texas, pr bond form texas

Form Preview Example

 

 

MAINTENANCE BOND

STATE OF TEXAS

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§

KNOW ALL MEN BY THESE PRESENTS:

COUNTY OF COLLIN

§

 

That ______________________________ of the City of ________________,

County of _________________ and State of Texas, (called "Principal"), and

_______________________________, a corporation organized and existing

under the laws of the State of Texas to act as surety on bonds for principals, (called "Surety"), are held and firmly bound unto the CITY OF PLANO, TEXAS, a Home Rule Municipal Corporation (called "City"), in the amount of

___________________________________ DOLLARS ($__________________), in

lawful money of the United States, to be paid in Plano, Collin County, Texas for the payment of which, the Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents:

WHEREAS, the Principal has entered into a contract (called "Contract") with

__________________________________ (called "Developer") dated the ____ day of

________________, ______, which among other things calls for the construction of

certain public improvements (called "Work"), which inure to the benefit of the City, such public improvements being in connection with development of

___________________________________, an addition or subdivision incorporated

hereby reference and which public improvements are listed on Exhibit "A" attached hereto and incorporated herein by reference; and

WHEREAS, under the terms of the specifications of the Work, the Principal is required to give a bond in the amount specified hereinabove to guarantee the replacement and repair of defective or faulty workmanship furnished or installed by the Principal for a period of one (1) year, from and after the date the Work is completed by Principal and accepted by the City.

NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall for a period of one (1) year, from and after the date the Work is completed by the Principal and accepted by the City, replace and repair any and all defective or faulty workmanship in the Work, then the above obligation shall be void; otherwise, the said obligation shall remain in full force and effect.

Venue for any action to enforce this Bond shall be Collin County, Texas

DD/Forms:Bond-Maintenance (PD-2002)

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IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument this ____ day of ________________, ______.

 

Principal

 

Surety

By:

______________________

By:

______________________

Title:

______________________

Title:

______________________

Address:

_______________________

Address:

________________________

 

_______________________

 

________________________

 

_______________________

 

________________________

The name and address of the Resident Agent of Surety is:

Name:

______________________________________________________

Address:

______________________________________________________

City, State, Zip

______________________________________________________

 

____________

For additional information on the above named Surety company you may contact the Texas Department of Insurance at (800)578-4677.

NOTE: Date on Page 1 of Maintenance Bond must be same date as Contract. Date on Page 2 of Maintenance Bond must be after the date of Contract. If Resident Agent is not a corporation, give a person's name.

DD/Forms:Bond-Maintenance (PD-2002)

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