Bond For Sale Or Mortgage Of Real Estate - No Surety {CCP 0362}

CCP 0362 - BOND FOR SALE OR MORTGAGE OF REAL ESTATE - NO SURETY. This form is used in the Probate Division of the Circuit Court of Cook County, Illinois, when a representative of an estate is authorized to sell or mortgage real estate belonging to the decedent. By signing this form, the representative personally binds themselves to the State of Illinois and agrees to properly manage and dispose of the proceeds from the sale or mortgage of the specified property. This bond serves as a financial assurance to the court that the representative will handle the transaction responsibly and in accordance with the law, even though no outside surety company is involved. It includes a legal description of the property and its common address, and it must be signed before a clerk or notary and approved by a judge to be valid. www.FormsWorkflow.com