Not in South Dakota? Replevin bonds in other states

South Dakota replevin bonds.
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Recover personal property before judgment through claim and delivery. The undertaking protects the defendant if the property turns out not to be yours. South Dakota sets the amount at double the value — and we underwrite it. A surety specialist reviews your file and returns a quote, usually within one business day.

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Required for claim and delivery under SDCL 21-15-4
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Penal sum is double the value of the property as stated in the affidavit
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Underwritten on your file; collateral may apply to a large penal sum
Underwrittendouble the property valueA-ratedA.M. Best carriers1 daytypical specialist reply
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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 South Dakota 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 for claim and delivery.

In South Dakota you can take immediate possession of personal property at the start of a possession action, but only after furnishing the statutory undertaking. Here is the whole process:

TODAY · 10 MINUTES

Send us the file

Apply online with the affidavit value of the property, the parties, and the court. We size the undertaking to double the value SDCL 21-15-4 requires.

WITHIN 1 BUSINESS DAY

A surety specialist underwrites it

A specialist reviews the matter, your financials, and any collateral, then returns a quote. A high-value property bond is typically collateralized — cash, a letter of credit, or pledged assets.

ON APPROVAL

Execute & file

Once you bind, we issue the executed undertaking with the power of attorney attached, ready for the sheriff’s approval and service with the claim-and-delivery papers.

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.

What a replevin bond actually does

Replevin — called claim and delivery in South Dakota — lets you take back specific personal property at the start of a lawsuit instead of waiting for judgment. Because you are seizing property before the merits are decided, the law requires security first.

The bond guarantees that if the court later decides the property was not yours to take, the defendant gets it back and is paid for any damage or loss. That is why the penal sum is fixed at double the value rather than a flat figure.

Because the surety stands behind the return and the damages, a high-value bond is usually collateralized and supported by financials. We tell you what a given file needs before you commit.

South Dakota StatuteSDCL 21-15-4 requires the plaintiff, before the sheriff takes the property, to furnish a written undertaking with one or more sufficient sureties approved by the sheriff, or a cash deposit, in double the value of the property as stated in the affidavit. The undertaking is conditioned on the return of the property to the defendant if return is adjudged and on payment of any sum the defendant recovers against the plaintiff. Claim and delivery of personal property is governed by SDCL Chapter 21-15.

You need this bond if you’re

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A secured lender or lessor repossessing collateral or leased equipment through the courts
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A seller or consignor reclaiming goods a buyer has not paid for or will not return
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A plaintiff in a possession action who wants the property held while the case proceeds
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Counsel for a claimant arranging the double-value undertaking the sheriff requires before seizure
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. Once you bind, we issue the executed undertaking with the power of attorney attached, ready for the sheriff’s approval and service with the claim-and-delivery papers.

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.

The application takes about ten minutes.

These are the actual underwriting fields — the property and its value, the parties, your business, and your financials. Submit once and a surety specialist reviews everything together and returns a quote, typically within one business day. Free until your bond is issued.

Start the application →
FAQ

Common questions.

What is a South Dakota replevin bond?It is the undertaking that lets you take immediate possession of personal property in a claim-and-delivery action. Under SDCL 21-15-4 the plaintiff must furnish security in double the value of the property before the sheriff takes it, conditioned on returning the property and paying the defendant’s damages if the seizure was wrongful.
How much does it cost?It is underwritten, not flat-rated. The penal sum is set by statute at double the value of the property in the affidavit. A surety specialist reviews the file and any collateral and returns a premium quote, usually within one business day.
Why is the bond double the value of the property?SDCL 21-15-4 fixes the undertaking at double the affidavit value so it can cover both the return of the property and any damages the defendant suffers if the court decides the property should not have been taken. We size the penal sum to that figure and underwrite it.
Will I need to post collateral?Often, for high-value goods. Because the surety guarantees the return and the defendant’s damages, the bond is frequently collateralized with cash, a letter of credit, or pledged assets, and supported by financials. We tell you what your file requires before you commit.
How fast can the bond be issued?A specialist typically returns a quote within one business day of a complete application. Once you bind and any collateral is in place, the executed undertaking issues ready for the sheriff’s approval and service with the claim-and-delivery papers.
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 South Dakota bonds.

Nearby states

The same bond in nearby states.

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

Recover the property through the courts.

Send us the affidavit value and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.

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