Not in North Carolina? Replevin bonds in other states

North Carolina replevin bonds.
Recover the property while the case runs.

A North Carolina plaintiff using claim and delivery to recover wrongfully held personal property posts this plaintiff’s undertaking protecting the other side. By statute it is double the value of the property as stated in your affidavit. It is underwritten, not flat-rated: we quote it from the property’s value.

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Used to recover personal property before judgment through claim and delivery under N.C. Gen. Stat. § 1-475
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Penal sum is double the value of the property as stated in your affidavit
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Conditioned to return the property (with damages) or pay its value — underwritten, collateral may apply
Doublevalue statutory penal sumA-ratedA.M. Best carriers1 dayspecialist reply
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
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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 North Carolina replevin bond cost?

It is underwritten. The carrier’s base rate is 1% of the bond amount; the underwriter sets your premium from the amount, your credit and any collateral.

How it works

Built to get the property back fast.

The sheriff won’t deliver the property until the undertaking is posted. Here is the whole process:

TODAY · 10 MINUTES

Tell us the property

Send a description and the affidavit value of the property, the parties, and the court. The undertaking is double that value, so the value drives both the bond amount and the quote.

ABOUT 1 BUSINESS DAY

A specialist underwrites & quotes

A surety specialist reviews the matter and returns a quote with any collateral requirement. Higher-value property means a larger penal sum, which may be collateralized — we tell you up front.

ON APPROVAL

Execute & file

We issue the bond on the form your court accepts, with the surety’s power of attorney attached, so the property can be delivered to you pending the action.

In plain English

How a replevin bond works, and what to have ready.

  1. Why the court asks for it

    You are suing to get back property someone else is holding, and you want it back before the case ends. The court requires a bond before it orders the property taken and returned to you.

  2. Who it protects

    The person holding the property. If the court later decides you were not entitled to it, they recover the property or its value, and their damages, up to the bond amount.

  3. If there is a claim

    The surety pays a valid claim after the court rules, and you repay the surety.

Have these ready

  • The complaint and your motion or application for the writ
  • A description of the property and proof of its value, such as an invoice, appraisal or loan papers
  • The bond amount the court or statute requires
  • The court, case number and the parties' names
  • Financial statements, and collateral details for a large amount
  • Your attorney's name and contact details
About this bond

What it is and who needs it.

How claim and delivery works in North Carolina

North Carolina handles the recovery of wrongfully held personal property through claim and delivery (the modern form of the old action of replevin). To get the property back before the case is over, the plaintiff applies for an order of seizure and posts an undertaking.

You file an affidavit describing the property, stating its value and your right to immediate possession, and give the undertaking. The plaintiff’s undertaking is conditioned for the return of the property to the defendant — with damages for its deterioration and detention — or, if return cannot be had, for payment of its value.

Because you are taking the property before anyone has decided the case, N.C. Gen. Stat. § 1-475 fixes the undertaking at double the value of the property as stated in the affidavit, to protect the defendant for its return and for damages if you were not entitled to possession.

North Carolina StatuteN.C. Gen. Stat. § 1-475 (Article 36, Claim and Delivery) requires the plaintiff to give a written undertaking, executed by sufficient sureties, binding them in double the value of the property as stated in the affidavit — for the return of the property to the defendant with damages for its deterioration and detention, or, if return cannot be had, for payment of the value of the property at the time of seizure with interest. The sheriff seizes and delivers the property to the plaintiff on the giving of that undertaking.

You need this bond if you’re

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A secured lender or lessor repossessing equipment, vehicles, or collateral through the court
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A business recovering inventory, machinery, or goods a customer or partner is wrongfully holding
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An owner reclaiming personal property that someone refuses to return
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Counsel filing a claim-and-delivery action and needing the undertaking before the sheriff acts
After you buy

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

If a claim is made

A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.

The surety pays a valid claim after the court rules, and you repay the surety. A court bond is a guarantee of your performance, not insurance for you.

Renewal and term

Term and renewal are set in the underwriter's quote; a court bond usually runs until the case or appeal it secures is resolved.

Keep the bond in force for as long as the obligation behind it runs.

How to file it

Execute & file. We issue the bond on the form your court accepts, with the surety’s power of attorney attached, so the property can be delivered to you pending the action.

What sets the price

Court bonds are underwritten. The carrier's base rate for this bond is 1% of the bond amount; the underwriter sets your final premium from the amount the court sets, your credit and any collateral.

Start with the property and its value.

These are the actual underwriting fields — the property, its value, the parties, and your business. Submit once and a surety specialist responds in about one business day with a quote and any collateral requirement. No charge until the bond is issued.

Start the application →
FAQ

Common questions.

What is a North Carolina replevin bond?It is the plaintiff’s undertaking posted to recover personal property before judgment in a claim-and-delivery action under N.C. Gen. Stat. § 1-475. It protects the defendant by guaranteeing the property’s return — with damages — or payment of its value, if the plaintiff turns out not to be entitled to possession.
How much is the bond?By statute the undertaking is double the value of the property as stated in your affidavit. The value you state in the affidavit drives the penal sum.
How much does it cost?There is no flat rate. The bond is underwritten individually: premium depends on the penal sum (double the property value), the underwriting, and any collateral. Tell us the value and a specialist returns a quote, usually within one business day.
Will collateral be required?It can be, especially when the property is high in value and the penal sum is large. We tell you whether collateral applies when we quote, not after you commit.
How fast can I get it?A specialist typically responds within one business day of a complete submission, and we issue promptly on approval so the property can be seized and delivered to you.
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.
Related bonds

Other North Carolina bonds.

Nearby states

The same bond in nearby states.

Requirements checked on the carrier’s application, . Page updated .

Get your property back, the right way.

Send the property’s value and the parties. A surety specialist underwrites it and returns a quote — typically within one business day. No charge until the bond is issued.

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