US · rules
D.S.C. Local Crim. Rule 46.04
Use of Real Property as Security
Whenever real estate is proposed to be used as
security by an individual surety, such individual must demonstrate by satisfactory evidence that
the unencumbered equity in such property is sufficient in amount to secure the bond. Such
individual surety must agree to place a lien on the proffered real property. When the amount of
the bond is more than twenty-five thousand dollars ($25,000), the court may require, in its
discretion, independent appraisal to confirm the value of the property offered as collateral. In no
event will an individual who seeks to justify as surety exclusively on the basis of real property be
approved for an amount in excess of seventy-five percent (75%) of the equity in the property.
Provenance
- Source
- www.scd.uscourts.gov
- Retrieved
- 2026-09-18
- Edition
- fed-district-2026-09-19
- Content hash
e1d2bc8cfb559120ca62991210e8f06c5e112c26d3bebc21811aab8ab63bf981
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