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Rhode Island guardian real estate sale bonds.
From $100.

When a Rhode Island probate court authorizes a guardian or conservator to sell or mortgage a ward's real estate, R.I. Gen. Laws § 33-19-8 requires a bond with surety satisfactory to the court that the proceeds will be applied to the authorized purposes. The court sets the penal sum; premiums start at $100.

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Required by § 33-19-8 before the sale or mortgage of a ward’s real estate
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Penal sum set by the probate court — tied to the proceeds the sale is expected to produce
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From $100 — exact price on the application, and the bond issues the moment you pay
From $100exact price at the applicationInstantissuance at checkoutSoft pull onlynever a hard inquiry
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 Rhode Island guardian real estate sale bond cost?

From $100; the exact price shows at the application once you enter your bond amount.

How it works

Three steps. One sitting.

The decree already names the amount. The bond itself is a short application and a checkout:

NOW · ONLINE

Apply online

Your details, the ward and the estate, the probate court and case number, the penal sum from the decree, and an effective date. One soft credit pull, never a hard inquiry, and it never affects your score.

INSTANTLY

Pay & e-sign

Your exact premium shows before payment — the executed bond and power of attorney generate the moment you pay.

SAME DAY

File with the probate court

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.

In plain English

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

  1. Why the court asks for it

    A court has appointed you, or is about to, to manage someone else's money: as executor or administrator of an estate, or as a guardian or conservator. The court can require a bond before you act.

  2. Who it protects

    The estate and the people entitled to it: heirs, creditors, or the person under guardianship. If money is mishandled, they can recover the loss from the bond, up to the bond amount.

  3. If there is a claim

    The surety pays a valid claim and you repay the surety. A will can ask the court to waive the bond; the court decides.

Have these ready

  • The court order or letters appointing you, or your petition if the appointment is pending
  • The court and case number
  • The bond amount the court set
  • A summary of the assets you will control
  • The will, if there is one
  • Your attorney's name and contact details
About this bond

What it is and who needs it.

What the bond actually guarantees

A Rhode Island probate court can authorize a guardian or conservator to sell or mortgage a ward's real estate under R.I. Gen. Laws § 33-19-3. Section 33-19-8 conditions that authority on a bond with surety satisfactory to the court — the guardian must apply the proceeds to the purposes the court authorized and invest what remains as the law allows or the court directs.

It's a three-party arrangement: you (the principal), the surety carrier, and the probate court standing in for the ward (the obligee). It is separate from the guardianship bond you gave at appointment — this one exists specifically to protect the money the ward's real estate produces.

It is not insurance for you — if the surety pays a claim, you repay the surety. The court fixes the penal sum, so bring the decree: we issue the exact amount it names, on the form the court accepts.

R.I. Gen. Laws § 33-19-8Section 33-19-8 requires a guardian authorized to sell or mortgage the real estate of a ward to give bond with a surety or sureties satisfactory to the court, conditioned that the guardian will apply the proceeds of the sale or mortgage to the purposes for which it was authorized and invest the proceeds as allowed by law or as the court directs. The probate court fixes the penal sum in its decree.

You need this bond if you're

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A guardian of the estate selling or mortgaging a ward's Rhode Island real estate
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A conservator authorized by decree to raise funds from real property
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A limited guardian whose authority was extended to a specific sale
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Closing on a court-approved sale that cannot record until the bond is on file
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

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

File with the probate court. 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.

What sets the price

From $100; your exact price appears at the application once you enter the amount.

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 issuing fields — the ward and estate details, the court and case, the penal sum from the decree, and an effective date.

Start the application →
FAQ

Common questions.

How much is the Rhode Island guardian real estate sale bond?Premiums start at $100 and scale with the penal sum the probate court set. Your exact price appears on the application before you pay, and nothing is charged until the bond is issued.
Do I pay the penal sum?No. You pay the premium. The penal sum is the surety's maximum liability if the proceeds are misapplied — not a deposit, and nobody holds your money.
Is this the same as my guardianship bond?No. The guardianship bond covers your appointment. Section 33-19-8 requires this separate bond before the authorized sale or mortgage of the ward’s real estate.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
How fast will I have the bond?The exact price shows before payment and the bond issues the moment you pay — the e-signed bond arrives by email, ready to file with the probate court.
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 .

Bond the sale and keep the closing on track.

From $100, exact price on the application, issued the moment you pay. Free until issued.

Your premiumfrom $100
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