Legal-Explanations.com - Legal resources in plain English
Legal-Explanations.com Home > Legal Definitions
 

Surety

(n) Surety is the person who guarantees certain performance by some person to another person where by accepting the responsibility for the due performance of the agreement for which he stood as surety. If the person responsible for the performance fail to accomplish his duty, the surety is responsible to compensate it

 
Legal-Explanations.com Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 Legal-Explanations.com. All rights reserved