Generally a property bond refers to equity In real property, like a home or business. Sometimes cash in conjunction with property can be posted to satisfy the bond. In some circumstances a corporate surety through a bondsman can be used to satisfy the court's requirements.
There are different ways but t any type of bail has to be approved by the Judge.
I am a former federal and State prosecutor and now handle criminal defense and personal injury/civil rights cases. Feel free to check out my web site and contact me at (212) 385-8015 or via email at [email protected] The above answer is for informational purposes only and not meant as legal advice.
18 USC 3142 permits release on a personal recognizance, unsecured or secured bond. The surety for a secured bond may be cash or property, and proerty is often the alternative for a defendant who may not have a significant sum of cash. An alternative to cash and property is a personal guarantee by one or more persons willing to pay the amount of the bond if the defendant flees or otherwise violates a condition to the degree that the bond is forfeited. The latter is used almost exclusively in several jurisdictions, including the Southern District of New York.
Joshua Sabert Lowther, Esq.
NATIONAL FEDERAL DEFENSE GROUP
The judge decides but bail "packages" can be offered which do not involve property.
Joseph A. Lo Piccolo, Esq.
Immediate Past President, Criminal Courts Bar Association 11'-12'
Hession Bekoff & Lo Piccolo
1103 Stewart Ave, Suite 200
Garden City, NY 11530
516-408-3666 (o) / 516-408-3833 (f)
I am a criminal defense attorney practicing in Nassau, Suffolk and New York City. The above information is not a substitution for a meeting whereas all potential legal issues can be discussed.
Yes there are other ways but if the judge is looking for property to secure the defendant's release then that's what will have to be provided.
Years licensed, work experience, education
Peer endorsements, associations, awards
Publications, speaking engagements