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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.
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 or browse more documents and templates provided by the Oregon Construction Contractors Board.
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