Before an executor or administrator sells or mortgages a decedent's real estate under a probate decree, Rhode Island requires a bond with surety satisfactory to the court guaranteeing the proceeds go to the purpose the court authorized — R.I. Gen. Laws § 33-19-7. The court sets the penal sum; premiums start at $100, your exact price appears on the application before you pay, and the bond issues the moment you pay. Any credit screen is a soft credit pull only — never a hard inquiry.
















The court has already told you the amount in its decree. From there the bond is a short application and a checkout:
Your details, the probate court and case number, the penal sum from the decree, and an effective date. Any credit screen is a soft pull that never shows as a hard inquiry.
Your exact premium shows before payment — the executed bond and power of attorney generate the moment you pay.
The executed bond arrives by email, ready to file with the probate court that authorized the sale or mortgage. Wet-ink original mailed on request.
Rhode Island probate courts can authorize an executor or administrator to sell or mortgage a decedent's real estate under R.I. Gen. Laws § 33-19-3. Section 33-19-7 conditions that authority: before making the sale or mortgage, the fiduciary must give bond with a surety satisfactory to the court that the proceeds will be applied to the purposes for which the sale or mortgage was authorized.
It's a three-party arrangement: you (the principal), the surety carrier, and the probate court for the estate's beneficiaries and creditors (the obligee). This bond is separate from — and in addition to — the general fiduciary bond you gave when you were appointed; it exists specifically to follow the money the real estate produces.
It is not insurance for you — if the surety pays a claim, you repay the surety. The penal sum comes from the court, not from us, so bring the decree: we issue the exact amount it names.
These are the actual issuing fields — your details, the court and case, the penal sum from the decree, and an effective date.
Start the application →From $100, exact price on the application, issued the moment you pay. Free until issued.