Monthly Archives: January 2017

What is a Surety Bond?

A surety bond is a three party agreement.  The first party is the surety.  This is the party that is providing assurance to another.  The second party is the Obligor.  This is the party that the surety is providing assurance on behalf of.  The final party is the Obligee, which is the party that the Surety is protecting through their assurance.