Residential Surety Bond - Oregon

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Residential Surety Bond - Oregon

Residential Surety Bond is a legal document that was released by the Oregon Construction Contractors Board - a government authority operating within Oregon.

FAQ

Q: What is a Residential Surety Bond?A: A Residential Surety Bond is a type of insurance that provides financial protection to homeowners in Oregon.

Q: Why do I need a Residential Surety Bond?A: You may need a Residential Surety Bond as a requirement for obtaining a contractor's license or for certain construction projects.

Q: How does a Residential Surety Bond work?A: If a homeowner suffers financial losses due to the contractor's non-compliance with the contract terms or completion of work, they can file a claim against the bond to seek compensation.

Q: How much does a Residential Surety Bond cost?A: The cost of a Residential Surety Bond can vary depending on the bond amount and the contractor's creditworthiness.

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Form Details:

  • Released on September 28, 2015;
  • The latest edition currently provided by the Oregon Construction Contractors Board;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a printable version of the form by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the Oregon Construction Contractors Board.

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