A defendant may occasionally have the option to use a property bond to post bail. With property bond, the court is able to record a lien on the property for the amount of bail. The property must have equity equaling 150% of the full bond amount. If for any reason the arrestee does not make the court date, the court may foreclose on the lien to receive the bail amount.
Property bonds are rare because they take a considerable amount of time, money and effort to secure. The process is similar to that of a real estate transaction, requiring a certified appraisal of the property value, title search, equity and the like. The equity in the property must be at least 150% of the total bail amount. Most defendants are interested in obtaining release from jail as quickly as possible, making the use of a bail bond company more appealing.