Surety

Learn about the definition for this legal term.

What is Surety?

A person who voluntarily assumes primary liability for the debt of another in case the other defaults in the payments.

Related Security Transactions And Mortgages Terms

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
July 2023 Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now