Legal Instrument

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January 1, 1 7 min read Definitions
Completion Bond
Completion Bond Performance Bond Development Guarantee Construction Assurance Legal Instrument Real Estate Development Subdivision Zoning Commission
A Completion Bond is a legal instrument designed to guarantee the completion of a development according to predefined specifications. It extends beyond a performance bond by ensuring the production of the entire development without reference to specific contracts and without requiring payment to the contractor.
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