WA real-estate receiver bonds.
Court sets the amount. We underwrite it.
When a court appoints a trustee or receiver to sell real estate, it requires a bond in the amount it specifies, conditioned on the faithful handling of the sale and the proceeds — under the receivership framework of RCW 7.60.045. The court sets the penal sum; we underwrite the bond and a surety specialist returns a quote, usually within one business day.
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Court order to filed bond.
Send us the penal sum from your appointment order, we underwrite, and you file with the court. Here is the whole thing:
Apply once, online
Your details, the penal sum the court set, and the effective date. Attach the appointment order if you have it.
Underwritten & quoted
A surety specialist reviews the sale and the proceeds you will handle and returns a quote — usually within one business day. Larger penal sums may call for financials, and collateral can apply.
File with the court
Accept the quote, pay, and receive the executed bond, ready to file before you handle the sale. Wet-ink originals mailed whenever the clerk insists.
What it is and who needs it.
What this receiver bond actually covers
When real property has to be sold under court supervision — in a receivership, a trust, or a similar proceeding — the court can appoint a trustee or receiver to conduct the sale and handle the proceeds. Washington's receivership statute, RCW 7.60, frames how such a fiduciary is bonded.
Under RCW 7.60.045, before entering upon the duties, a receiver must execute a bond with court-approved sureties in the amount the court specifies, conditioned on faithfully discharging the receiver’s duties under the court’s orders and state law. For a sale of real estate, the court typically sizes the bond to the value of the property and the proceeds the fiduciary will collect and distribute.
It is not insurance for you — if the surety pays a valid claim, you repay the surety. The bond runs in favor of everyone interested in the proceeding and in favor of state agencies; claims must be made within one year of discharge. The court may also accept alternative security in lieu of a bond.
You need this bond if you are
One short form to request a quote.
These are the actual underwriting fields. Submit once and a surety specialist returns a quote, usually within one business day.
Start the application →Common questions.
Other Washington bonds.
Get your sale-of-real-estate bond quoted.
A short request, underwritten by a specialist, quote usually within one business day. Free until issued.