Orange County Subdivision Tax Bond Guide
In Orange County, California, all subdividers must file a surety bond before recording their final subdivision map.
Bond Overview
- Purpose: To guarantee payment of property taxes for a new subdivision
- Who Needs It: Subdivision developers (subdividers)
- Regulating Body: The Treasurer-Tax Collector
- Required Coverage: $1,000–$100,000
- Premium Rate: Credit-based, typically 2–3%
Learn all about the bond requirements and process in this guide.
What Is an Orange County Subdivision Tax Bond?
An Orange County subdivision tax bond ensures payment for property taxes and local assessments for new subdivisions.
The Orange County Treasurer-Tax Collector requires this type of license and permit bond before property can be recorded on a parcel map.
How Much Do Subdivision Tax Bonds Cost in Orange County?
Orange County subdivision tax bonds cost a small percentage of the bond amount, typically 2–3% based on credit score. Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Subdivision Tax Bond?
In Orange County, all subdividers must file a surety bond as financial security to the County. Once you pay all property taxes and assessments, the Treasurer-Tax Collector will release you from the bond requirement.
Your bond amount will depend on your subdivision’s estimated future tax bill, plus any current and delinquent taxes. Check with the Treasurer-Tax Collector to verify your amount.
Alternatively, you can file a letter of credit or cash collateral. However, a surety bond is typically the most affordable and efficient option.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get an Orange County subdivision tax bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Treasurer-Tax Collector as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does an Orange County Subdivision Tax Bond Work?
As with all surety bonds, a subdivision tax bond creates a legal contract between three parties:
- Principal: You, the subdivider filing the bond
- Obligee: The Orange County Treasurer-Tax Collector requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of the Orange County Subdivision Code.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. Your bond must remain active until you pay all required taxes to your local county. Once you fulfill your obligation, you will be released from the bond requirement.