Obtaining a license or permit in River Oaks, Texas can often go hand in hand with a surety bond. License and Permit Bonds can be issued for various industries, like construction work, to keep the permit holder financially accountable for nefarious or negligent activities.
Get started with your River Oaks License/Permit Bond purchase by clicking the button above. Most bonds are guaranteed at $100 to $125 a year, but if your bond is over $25,000, you may be subject to a soft credit check to determine a rate.
Bond Limit | Cost |
---|---|
$10,000 | $100 |
$25,000 | $125 |
You can leave the mailing up to Jet or if you have other paperwork to file with the City and need to mail the bond in yourself. You’ll be able to specify that you want the bond mailed to you at checkout. Just be sure to submit the original copy to the City. The original bond form must be submitted to the City at the address below:
City of River Oaks
4900 River Oaks Blvd
River Oaks, TX 76114
There are a few surety bond requirements that are enforced by the River Oaks Code of Ordinances. The following requirements are covered under the License/Permit Bond:
The whole reason that surety bonds exist is to protect the City of River Oaks and its residents from getting gypped by a license or permit holder. With every license/permit that is issued by the City, there are certain expectations that the business owner must uphold, found in the Code of Ordinances and specified in the license or permit agreement. If the licensee fails to meet these expectations, it could spell trouble in the form of a bond claim.
As an example, let’s use the surety bond requirement for master plumbers. If the plumber installs a faulty pipe, there is still an obligation to fix the pipe to maintain the quality of work performed by the plumber after the job is done. A plumber who not only fails to perform reliable work or use quality materials but also fails to fix any issues with the work is setting themselves up for a bond claim. If the claim holds up in court, the customer will receive a payout from the bond as compensation. But, the plumber must pay Jet (or any other surety company that issued the surety bond) back in the amount of the claim.