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Connecticut land lease bonds.
From $100.

A land lease agreement bond guarantees your obligations under a lease of land (rent, fees, and faithful performance) to the lessor. The amount comes from your lease. Pricing is 1% of your bond amount, $100 minimum.

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Required by the lessor as a term of the land lease — public or private property
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Guarantees rent, fees, and faithful performance through the lease term
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One soft credit pull — never a hard inquiry, and it never affects your score
1% of amount$100 minimumSoft pull onlynever a hard inquiryFastapproval for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Connecticut land lease bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps to filed.

Enter your amount, consent to a soft credit pull, and deliver the bond to the lessor. Here is the whole thing:

TODAY · ONLINE

Apply once, online

Business details, the bond amount your lease requires, and the effective date — plus a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

Deliver to the lessor

Pay online and receive the executed bond, ready to hand to your lessor. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the land lease bond actually covers

A land lease agreement bond backs a tenant’s obligations under a lease of land — most often where a public agency or a substantial private lessor wants assurance that rent gets paid and lease terms are honored. The lessor is the obligee, and the bond protects it if the tenant defaults.

It guarantees the core lease promises: paying rent and fees, performing the lease faithfully, and meeting any end-of-term or restoration obligations. If the tenant defaults and the lessor is harmed, the lessor can recover against the bond — and if the surety pays, the tenant repays the surety.

There’s no single statewide statute fixing a land-lease bond amount — the requirement and the penal sum come from your lease. We run a quick soft credit check on these — never a hard inquiry — as part of approval; it does not set your price. Pricing is 1% of your bond amount, with a $100 minimum — enter your amount to see the exact figure.

Land lease terms (lessor)A land lease agreement bond is a contractual requirement of the lease, set by the lessor (a public agency or a private property owner). There is no single statewide Connecticut statute fixing the amount; the obligation and penal sum come from your lease. Confirm the amount with the lessor before filing.

You need this bond if you are

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Leasing land from a public agency that conditions the lease on a bond
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Entering a long-term ground lease where the lessor wants rent secured
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Renewing a land lease whose bond is expiring or non-renewing
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Negotiating a lease that names a surety bond as a closing condition
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

Deliver to the lessor. Pay online and receive the executed bond, ready to hand to your lessor. Wet-ink originals mailed on request.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the Connecticut land lease bond?Pricing is 1% of your bond amount, with a $100 minimum — the amount sets the premium, not a credit tier. The amount itself is set by your lease — often a multiple of annual rent — so enter that figure and see your exact price at the application.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It does not set your price; pricing is 1% of your bond amount, with a $100 minimum.
Who requires it?The lessor — the party leasing you the land, which may be a public agency or a private owner. The bond is a term of the lease, so the exact requirement and amount come from your lease document.
What does the bond guarantee?That you pay rent and fees and perform the lease faithfully. If you default and the lessor is harmed, it can claim against the bond — and if the surety pays, you repay the surety. It is not insurance for you.
What amount should I enter?The penal sum named in your land lease. There's no statewide default; if your lease isn't explicit, ask the lessor and send us the figure to confirm.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Land lease bond, issued today.

From $100. One soft credit check, bond issued when you pay.

Your premiumfrom $100
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