Riverside County Subdivision Tax Bond Guide
In Riverside 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) in Riverside, CA
- Regulating Body: The Riverside County Treasurer
- Required Coverage: $1,000–$500,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Riverside County Subdivision Tax Bond?
A Riverside County, California subdivision tax bond ensures payment for property taxes and local assessments for new subdivisions.
The Riverside County Treasurer requires this type of license and permit bond before property can be recorded on a parcel map.
How Much Do Subdivision Tax Bonds Cost?
Your bond amount will depend on your subdivision’s estimated future tax bill, plus any current and delinquent taxes.
Riverside County subdivision tax bonds cost a small percentage of the coverage amount, typically 1–10%.
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.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Riverside 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 it with the County Treasurer as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Riverside County Subdivision Tax Bond Work?
A subdivision tax bond creates a legal contract between these three parties:
- Principal: You, the subdivider filing the bond
- Obligee: The Riverside County Treasurer requiring the bond
- Surety: The provider issuing the bond
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.