A signature bond is a type of bond used in criminal law as an alternative to traditional cash or property bonds. It is also known as a recognizance bond or personal recognizance bond. Here are some key features of a signature bond:
- A signature bond allows an accused individual to be released from custody based on their promise to appear in court for all required hearings.
- Unlike cash or property bonds that require the accused to pay a specific amount or pledge assets, a signature bond relies solely on the defendant’s written agreement to fulfill their legal obligations.
- The defendant signs a document promising to appear in court as required, acknowledging their legal obligation to attend all hearings and abide by any additional conditions set by the court.
- Failure to fulfill these obligations can result in the revocation of the bond, leading to re-arrest and potential forfeiture of the bond amount.
- The amount of a signature bond depends on the gravity of the crime, and most signature bonds are less than $25,000 USD.
- Courts may also impose conditions to the bond, such as not discussing the matter with another suspect and staying away from the victims or witnesses.
- Most bonds restrict travel and restrain the use of drugs and alcohol by the defendant.
Signature bonds do not require a defendant to make a cash deposit or put up any collateral with the court. Instead, it is a contract between the defendant, the court, and a third party that does not require an advance cash payment.