Category: Bond

What support does the lease bond provide to the owner of the property?

Just as bonds are used to guarantee the fulfillment of different types of contracts, the lease bonds seek to ensure that the tenants comply with the payment of the rents and other obligations acquired when renting a property. It is common that factors such as: economic uncertainty, not knowing the tenant and possible irregularities in […]

March 20, 2019

The importance of administrative bonds in the conclusion of contracts

The main function of administrative bonds is to guarantee compliance in time and form with the legal and economic obligations acquired during the execution of a contract. The aforementioned obligations can be derived from an order, purchase order or work contract. These contracts, concluded between two or more persons, can be both physical and moral. […]

March 16, 2019