In the legal industry, few terms are misconstrued more often than “bail” and “bond.” Both ensure that persons have a chance at freedom while their cases are being handled and are therefore crucial parts of the legal system.
Nevertheless, despite their significance, many individuals are still unsure of the specific differences between the two. What sets bail apart from a bond, and why is it crucial to understand the distinctions between the two?
The differences between bonds and bail, as well as their definitions, historical evolution, and applicability in the contemporary legal system, will all be covered in great length in this essay.
Therefore, you’ve come to the correct site if you’ve ever wondered, “What exactly is the difference between bail and bond?” Come along as we explain these terminology and how they fit within the legal system.
Definition Breakdown
Understanding specialized terminology is essential for navigating the complex aspects of the legal field. The differences between “bail” and “bond” among them come up a lot.
However, what do these terms imply and how do they work in our legal system?
What Is a Bail?
Upon being placed under arrest, an individual is frequently given the choice to pay a certain sum to be released from detention. This sum, referred to as bail, serves as a guarantee that the person will show up for any other court dates.
The amount of the bond is returned if they follow the court’s orders and show up as scheduled.
Conversely, the sum is forfeited if the person does not show up.
Bond: What Is The Difference?
Bonds provide an alternative for those who cannot afford the entire bail fee.
In a bond, the accused’s bail is paid by a third party, usually a bail bond agent or bondsman, in exchange for a fee. This charge is typically a small portion of the entire bail sum.
After this bond is put in place, the accused is accountable to the bondsman as well as the court.
The bondsman is entitled to use any number of tactics, including hiring a bounty hunter, to make sure their investment is protected if they don’t show up for court.
Source: NairaLand
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